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.
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