On 27 April 2022, Taiwan’s Ministry of Finance (MOF) announced that due to the COVID-19 pandemic, tax filing and payment deadlines for individual income tax for 2021 are to be extended to 30 June 2022, without late payment interest and penalties.1 The tax deadline extension is applicable for all taxpayers, Taiwan citizens, and foreign individuals, without prior application required.
WHY THIS MATTERS
The extension of the filing deadline for 2021 individual income tax returns to 30 June 2022 is a measure undertaken to allow taxpayers additional time to organize their tax affairs in these trying times and facilitate avoiding large crowds at the tax offices. Taxpayers should be aware of the extension of the filing deadline and take action to meet the deadline accordingly.
Filings of individual income tax for 2021 were originally due on 1 May 2022 to 31 May 2022. The tax deadline extension to June 30 is applicable for all taxpayers, Taiwan citizens, and foreign individuals without prior application required. Taxpayers are encouraged to apply for e-filing and cell-phone filing to stay safe and avoid infection from coronavirus.
Tax Refund Period
Furthermore, the tax refund period remains unchanged, with the first batch of tax refunds still scheduled on 29 July 2022.
Contacts
Additional Resources
Footnotes
1 Notice of the State Council on Introduction of Additional Individual Income Tax (IIT) Itemised Deduction of Care for Infants Under the Age of 3 - Guo Fa [2022] No. 8.
2 Announcement of the STA to Revise and Promulgate the Administrative Measures for IIT Additional Itemised Deductions (Trial Implementation) - STA Announcement [2022] No. 7.
RELATED RESOURCE
This article is excerpted, with permission, from "Taiwan: Extension of individual income tax return filing and payment deadlines (COVID-19)" in e-Tax alert (Issue 179, May 5, 2022).
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