Q1: When cross-border E-commerce business entities pay the business tax by foreign remittance to designated bank account, which day shall be recognized as payment day?

A1: When cross-border E-commerce business entities pay the business tax by foreign remittance, they shall pay before expiration of the payment period. The payment day shall be recognized as actual remittance day. If the last day of payment period is Saturday, Sunday, national day or other rest day, the next day shall be the last day of payment period.

Q2: If the cross-border E-commerce business entities resident in the different time zone with Taiwan, when they pay business tax by remittance, how would the actual remittance day be recognized?

A2: It shall be recognized by Taiwan time.

Q3: May cross-border E-commerce business entities pay the business tax in foreign currency?

A3: 1. According to Paragraph 2, Article32-2 of the Enforcement Rules of Value-added and Non-value-added Business Tax Act, when cross-border E-commerce business entities pay the business tax by remittance, they shall remit full amount of the tax payable and fines (in TWD) to the designated bank account and relevant transaction fees and expenses incurred are borne by business entities.

2. If taxpayers are unable to pay tax in TWD via cross-border remittance overseas, the aforesaid remittance overseas should contact Bank of Taiwan, Cheng Chung Branch (BKTWTWTP045) by telegram (SWIFT Message type: MT103) to request the equivalent tax due converted from TWD to other foreign currencies.Bank of Taiwan, Cheng Chung Branch will inform the taxpayers about the currency exchange rates and relevant service charges. Please plan enough time for international telegram transfer to avoid late tax payments.

Q4: When cross-border E-commerce business entities pay the business tax by foreign remittance and fail to remit the full amount into designated bank account or remit the tax amount beyond the payment period, which leads insufficient payment, surcharge on late payment and interest, would the National Taxation Bureau will demand a supplementary payment?

A4: Yes, according to Paragraph 2, Article32-2 of the Enforcement Rules of Value-added and Non-value-added Business Tax Act, when cross-border E-commerce business entities pay the business tax by foreign remittance, they shall remit full amount of the tax payable and fines (in TWD) to the designated bank account  and relevant transaction fees and expenses incurred are borne by business entities. Shall there be any insufficient payment, surcharge on late payment and interest, the National Taxation Bureau will demand a supplementary payment.