The second batch of income tax refunds are due to be credited on Thursday next week, totaling nearly NT$1.61 billion (US$50.2 million).
There are 94,104 tax refunds in the second batch worth about NT$1.61 billion set to be distributed, Ministry of Finance data showed.
Photo: CNA
The refunds would be transferred to the bank accounts specified when filing.
For those who did not designate where to deposit the funds, the National Taxation Bureau is to issue refund vouchers.
The process of tax settlement ended on May 31, with the three batches of income tax refunds scheduled for July 31, Thursday next week and Jan. 20 next year.
The cases eligible for this round of tax refunds are mostly instances where the taxpayer used a barcode or filed manually, such as those who confirmed by writing in.
There are also 1,666 cases of taxpayers needing to make additional payments, totaling NT$409.7 million.
For those who did not designate a deposit account for their refund, the National Taxation Bureau is to mail out vouchers that can be redeemed until Dec. 31, the ministry said.
It also recommended those who receive vouchers to redeem them within the two-month window at a designated financial institution.
As a warning regarding scam calls and other forms of fraud, the ministry said it would not notify people to redeem their refunds at ATMs and asked the public to remain vigilant.
SECURITY: Starlink owner Elon Musk has taken pro-Beijing positions, and allowing pro-China companies to control Taiwan’s critical infrastructure is risky, a legislator said Starlink was reluctant to offer services in Taiwan because of the nation’s extremely high penetration rates in 4G and 5G services, the Ministry of Digital Affairs said yesterday. The ministry made the comments at a meeting of the legislature’s Transportation Committee, which reviewed amendments to Article 36 of the Telecommunications Management Act (電信管理法). Article 36 bans foreigners from holding more than 49 percent of shares in public telecommunications networks, while shares foreigners directly and indirectly hold are also capped at 60 percent of the total, unless specified otherwise by law. The amendments, sponsored by Chinese Nationalist Party (KMT) Legislator Ko
The eastern extension of the Taipei MRT Red Line could begin operations as early as late June, the Taipei Department of Rapid Transit Systems said yesterday. Taipei Rapid Transit Corp said it is considering offering one month of free rides on the new section to mark its opening. Construction progress on the 1.4km extension, which is to run from the current terminal Xiangshan Station to a new eastern terminal, Guangci/Fengtian Temple Station, was 90.6 percent complete by the end of last month, the department said in a report to the Taipei City Council's Transportation Committee. While construction began in October 2016 with an
NON-RED SUPPLY: Boosting the nation’s drone industry is becoming increasingly urgent as China’s UAV dominance could become an issue in a crisis, an analyst said Taiwan’s drone exports to Europe grew 41.7-fold from 2024 to last year, with demand from Ukraine’s fight against Russian aggression the most likely driver of growth, a study showed. The Institute for Democracy, Society and Emerging Technology (DSET) in a statement on Wednesday said it found that many of Taiwan’s uncrewed aerial vehicle (UAV) sales were from Poland and the Czech Republic. These countries likely transferred the drones to Ukraine to aid it in its fight against the Russian invasion that started in 2022, it said. Despite the gains, Taiwan is not the dominant drone exporter to these markets, ranking second and fourth
The military has spotted two Chinese warships operating in waters near Penghu County in the Taiwan Strait and sent its own naval and air forces to monitor the vessels, the Ministry of National Defense (MND) said. Beijing sends warships and warplanes into the waters and skies around Taiwan on an almost daily basis, drawing condemnation from Taipei. While the ministry offers daily updates on the locations of Chinese military aircraft, it only rarely gives details of where Chinese warships are operating, generally only when it detects aircraft carriers, as happened last week. A Chinese destroyer and a frigate entered waters to the southwest
RSS