Tax scrapped for NT$4,000 invoice cash prize: ministry

PROMOTING POLICY: The Ministry of Finance has introduced a NT$500 prize for digital receipts, which e-receipt holders can check online or via a mobile app

Taipei Times
Date: Nov 26, 2019
By: Staff writer, with CNA

Starting from Thursday next week, the 20 percent lottery tax would no longer be collected from the NT$4,000 cash prize for the Unified Invoice Lottery, the Ministry of Finance announced yesterday.

However, the tax would still be collected from prizes of NT$10,000 and above, it said.

Prizes of NT$200 and NT$1,000 are already exempt.

Also, starting with yesterday’s draw for receipts from September and last month, a special prize of NT$500 has been added for digital receipts as part of efforts to promote the government’s electronic receipt service, the ministry said.    [FULL  STORY]

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