On Nov. 21, TAI Justice revised reference table for fines, punishments.
TAI Justice issued TAI GVT order for revision of reference table for fines, multiples of punishments related to art 48-2 of Value-added and non-value-added business tax act.
Follows TAI Justice Nov. 2023 issued order for the revision of fine table, see #193211.
Revision Overview
Businesses issuing electronic invoices online or electronically must adhere to deadlines and accurately transmit invoice details, related information, purchaser identification.
Non-compliance may result in a notification to rectify the issue within specified period.
Fines range from NTD 1.5k to 15k; if issue is not corrected by deadline or correction is inaccurate, additional fines may be imposed for each instance of non-compliance.
