Tue, Jul 03, 2012 - Page 14 News List

The Holiday Inn Asiaworld Taipei is top tax evader

By Amy Su  /  Staff reporter

The Ministry of Finance on Sunday released a list of individuals and companies that did not pay taxes, with the top tax evaders remaining basically the same as last year.

The Holiday Inn Asiaworld Taipei (環亞飯店), which has changed hands and been renamed The Sunworld Dynasty Hotel (王朝大酒店), topped the list of corporations, as it owes the government NT$2.1 billion (US$70.22 million) in taxes, the ministry’s latest data showed.

Tung Li Corp (通力通運) was the second-largest corporate tax evader, owing the government NT$1.29 billion, followed by Mau Jui Corp (茂橘) and Mau Yu Corp (茂裕), both owned by the same person.

From the list of individuals, late business tycoon Huang Jen-chung (黃任中) and his family members made up three of the five largest tax evaders, with unpaid taxes standing at more than NT$4.8 billion, data showed.

The ministry said this year’s list comprised 1,166 wealthy individuals and corporations, which owe the government a total of NT$110.35 billion in back taxes.

Under the ministry’s definition, wealthy tax defaulters refer to individuals who owe NT$10 million or more and corporations that are more than NT$50 million in default.

The number of wealthy tax defaulters decreased this year by 246, while the total amount of outstanding taxes in that category has dropped by NT$15.9 billion, data showed.

The list of wealthy tax defaulters will be on tax authorities’ Web sites for three months from Sunday, the ministry said.

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