Sales Tax Rate in Taiwan is expected to reach 5.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Sales Tax Rate - Business Tax is projected to trend around 5.00 percent in 2022, according to our econometric models.
Taiwan Sales Tax Rate - Business Tax
In Taiwan, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the standard rate. Revenues from the Sales Tax Rate are an important source of income for the government of Taiwan.