The Taiwanese government has lifted the travel restrictions on individuals who have tax arrears under TWD100,000 (USD2,961).
The law was altered on April 14 after individuals with small tax debts objected to the bar on overseas travel - of which they were only informed about once they had reached the airport.
Further to this, though, it has been suggested by one Taiwanese lawmaker, Wu Ching-chi, that those with tax debts leaving the country on a frequent basis, thereby indicating that they have the funds to pay off the debt, should be barred from travelling again until all outstanding debts are settled.
.
Network Tweets
Network BlogsContent
provided by
|
Archive | Resources | Partners | Site Map | Links | Newsletter Archive | Contact | RSS Feeds | About | Syndication | Advertising & Marketing | Recruitment | Terms & Conditions | Privacy & Cookies
Copyright © 2012 - All Rights Reserved - Tax-News.com
IMPORTANT NOTICE: Tax-News.com has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
Write a comment