General Overpayment

After the annual return is submitted, if a tax refund is due to the taxpayer, the tax authorities will issue a notice indicating overpayment of tax. A refund will be issued within 10 days of the issuances of the notice and any refund must be claimed within 3 months.

Refunds Due to Taxpayer Error

Taxpayers have the right to claim a tax refund with interest if tax paid is incorrect due to their own misinterpretation of the law or miscalculation numbers. The right to claim a refund in the case of taxpayer error is valid for 5 years after taxes are assessed.

Refunds Due to Tax Authorities Error

If the tax paid is incorrect due to an error of the tax authorities, taxpayers also have the right to claim a tax refund with interest. The right to claim a refund in the case of tax authority error has no time limit.

Refunds after Successful Appeal

If a taxpayer has paid one-half of a disputed tax assessment and successfully appeals that assessment, any taxes overpaid will be refunded with interest.

Refund Interest

The amount of interest received with a refund is calculated daily based on the one-year time deposit interest rate set by the Directorate General of the Postal Remittances & Savings Bank of Taiwan each year.