By: Chiu Po-sheng and Christie Chen
Taipei, Dec. 12 (CNA) Taiwan will relax value-added tax (VAT) refund rules for foreign
visitors beginning next year, in an effort to spur spending by such visitors, the Ministry of Finance’s National Taxation Bureau of Taipei announced Wednesday.
From Jan. 1, 2019, travelers who enter Taiwan on foreign passports and stay for no more than 183 days can apply for on-site small-amount VAT refunds if they spend between NT$2,000 (US$64) and NT$48,000 in a single day from the same store, according to the bureau.
The store will need to be a designated store bearing the label “We offer small-amount tax refund services.” [FULL STORY]