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Taiwan Notes the Potential Seizure of Assets and Detention of Individuals Seeking to Transfer Assets to Avoid Taxes

|Approved Changes|Taiwan
Taiwan

Taiwan's Ministry of Finance has issued a notice on the potential seizure of assets and detention of individuals seeking to transfer assets to avoid taxes.

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Those Who Owe Taxes Without Payment and Seek to Transfer Assets may be subject to Provisional Seizure of Assets and Detention

The National Taxation Bureau of the Northern Area, Ministry of Finance stated that, in order to effectively collect taxes, if a taxpayer fails to pay the assessed supplementary taxes and there are signs of …

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