Sat, Sep 23, 2006 - Page 3 News List

Taiwan Quick Take: Debtors warned on leaving


Taiwan's tax authorities yesterday reminded those who owe outstanding taxes that they will be prevented from leaving the country if the courts order them to make an immediate payment. National Tax Administration of Southern Taiwan (NTAS) officials spoke of the existing tax law concerning unpaid taxes in response to a protest by a taxpayer who was recently barred from leaving Taiwan. The protester argued that the amount he owes in taxes does not exceed the minimum unpaid amount of NT$500,000 (US$15,180) that the law sets on restricting a person from leaving the country. The taxpayer owes more than NT$400,000 in unpaid taxes. The NTAS explained that under the tax law, a taxpayer, whether a private individual or corporate operator, is restricted from leaving the country once they are ordered to pay their tax debt, regardless of the amount owed.

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