For those who have not declared all kinds of income and withholding exemption vouchers in 2011, please go to the tax collection agency under their jurisdiction as soon as possible.

The Kaohsiung National Taxation Bureau of the Ministry of Finance stated that the reporting period for various income deduction (exemption) vouchers and dividend vouchers in 2011 has ended on February 6, 2012. Those who have not yet declared after the statutory reporting deadline, please report to the reporting unit. In addition, in accordance with Article 114, Paragraph 2 of the Income Tax Law, where the withholding agent voluntarily makes a supplementary report or completes the payment without reporting or investigation by the tax collection agency, the penalty may be mitigated.

The Bureau further explained that newly established business operators and withholding units often fail to withhold tax and pay the withholding tax to the national treasury due to ignorance of the laws and regulations. It also failed to report to the tax collection agency in accordance with the provisions of Article 92 of the same law, reminding the withholding agent that if there is tax that has not been withheld or withheld in the previous year or the tax that has been withheld according to regulations but has not been withheld If the withholding agent is filled out or issued a withholding voucher according to the prescribed time limit, the withholding agent shall make a supplementary report as soon as possible.

The bureau gave an example. In 2011, withholding agent A paid the landlord NT$600,000 in rent (the same below), and paid the withholding tax of NT$60,000 as scheduled. In accordance with Article 114, Paragraph 2 of the Income Tax Law, the tax collection agency shall be ordered to fill in or issue a withholding voucher within a time limit, and impose a fine of 20% of the tax withheld, or a fine of 12,000 yuan. If A voluntarily declares or fills in the payment before it is seized, the penalty can be reduced by half.

The bureau appeals that if you have any questions about tax withholding and declaration, you can call the toll-free service number 0800-000-321, or go to the bureau’s website (https://www.ntbk.gov.tw) to use the national tax smart customer service - "National Tax Helper" query.

Provided by: Zuoying Taxation Office, Kaohsiung National Taxation Bureau, Ministry of Finance
Contact: Xu Jinwen, Section Chief Tel: (07) 5874709 extension 6910
Contributor: Li Minhuan Tel: (07) 5874709 extension 6913