The Taiwanese Congress has updated the “Value-Added and Non-Value-Added Business Tax Act” (BTA) to revise the procedures for electronic invoices.
These amendments require taxpayers to transmit electronic government uniform invoices (e-GUIs) and all necessary related information to the Ministry of Finance’s (MoF) Integrated Service Platform for storage and verification. The transmission deadlines are 7 days for B2B invoices and 2 days for B2C invoices, which is consistent with the current practice. The MoF will issue further detailed implementation rules regarding the transmission procedure, issuance of e-invoices, and the specific information required.
Failure to meet these deadlines or to transmit the required information will result in fines ranging from TWD 1,500 to TWD 15,000. Additional penalties may apply if corrections are not made promptly or are inaccurate. While the transmission deadlines follow existing regulations under the Regulation Governing the Use of Uniform Invoices, the BTA amendments introduce new penalty provisions for non-compliance.
Additionally, the MoF has released The Message Implementation Guideline version 4.0 (MIG v. 4.0), which is now in effect. The previous version, MIG v. 3.2.1, will remain valid until December 31, 2025, allowing a transitional period for adaptation to the new standards.
