MOF Considering Removing Tax Exemption for Importing Small Online Purchases

ICRT Radio International
Daate: 2018-12-19

The finance ministry is considering removing a tax exemption for small online
purchases imported into Taiwan.

Currently, people importing anything with a value less than $2-thousand NT do
not have to pay customs duties, goods taxes, or sales taxes for a maximum of
6 purchases within a 6-month period.

But Finance Minister Su Jian-rong says they are now looking at the
possibility of eliminating that threshold altogether, to bring Taiwan
practices in line with other countries and to promote fair competition for
local and international companies.

According to an ET Today report, the government could also move to
consolidate these three taxes into a single simple import tax.    [FULL  STORY]

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