Taiwan to lower the bar for oversea online tariff from NT$3,000 to NT$2,000
Taiwan News
Date: 2017/05/24
By: Judy Lin, Taiwan News, Staff Writer
TAIPEI (Taiwan News)—Frequent online shoppers beware! Taiwan will roll out a
Show girls hired by online shopping platform Shoppee to promote its website.(By Central News Agency)
new tax policy starting this September that will lower the tariff bar for imported goods shipped via oversea express delivery to NT$2,000 (US$66.37).
At the moment imported products purchased online with a value below NT$3,000 are exempt from tariffs, but the government aims to lower tariff bar to NT$2,000 by September.
Taiwan currently does not require online buyers of imported goods to pay tariffs or value-added tax (VAT) , but charges buyers of online domestic goods 5 percent VAT which is unreasonable and unfair to domestic online businesses, said Deputy Minister of Finance Su Jain-rong (蘇建榮). [FULL STORY]
