Financial institutions, certain restaurants, and small-scale companies are subject to GBRT on the basis of their gross business receipts. Since GBRT is not recoverable, it is an additional cost of purchase.
The GBRT rate ranges from 0.1% to 25%.
GBRT Payer GBRT Rate
Restaurants that provide hostesses to entertain customers, such as saloons & tea rooms, coffee shops and cocktail lounges 25%
Nightclubs or restaurants that provide entertainment 15%
Banks, insurance companies, trust and investment companies, securities traders, futures traders, financing companies and pawnshops 2%
Reinsurance premium income earners and small-scale businesses 1%
Wholesalers and small-scale businesses selling farm products 0.1%
GBRT returns should be filed bimonthly and the tax remitted at the time of filing.
E-mail this page.
Invest in Taiwan
