Taiwan to Expose Names of Tax Evaders

Taiwan's Ministry of Finance will expose the names of companies owing more than NT$50 million in unpaid taxes and that of individuals owing at least NT$10 million (US$313,000), reveals the China Post.


The MOF has not made public the names of individuals who owe at least NT$10 million in unpaid taxes or companies that owe over NT$100 million in unpaid taxes since 2002, notes the Post.


How the information will be disseminated has not been specified by lawmakers but the Post says the resolution requires that the MOF reveal tax debtors' names, the amount of their unpaid taxes, and details of their payment. 




Suggested Articles

Some of you might have already been aware of the news that Questex—with the aim to focus on event business—will shut down permanently all media brands in Asia…

Some advice for transitioning into an advisory role

Global risks are intensifying but the collective will to tackle them appears to be lacking. Check out this report for areas of concern