Taiwan Explains that Taxpayers Prohibited from Disposing Property due to Overdue Taxes May Offer Third-Party Property as Collateral

Taiwan's Ministry of Finance has issued a notice explaining that in cases where a taxpayer is prohibited from disposing property due to overdue taxes, third-party property may be offered as collateral.

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Taxpayers may provide a third party's property as guarantee for applying for writing off the registration of disposal prohibition

The National Taxation Bureau of Taipei, Ministry of Finance, states that taxpayers who are prohibited from the disposal of property due to overdue taxes may…