Summary of Disaster Loss Tax Deductions and Exemptions
Type | Application matters | Application deadline |
Personal income tax | Personal disaster losses | 30 days after the disaster |
| Corporate income tax | Disaster losses for profit-making enterprises | 30 days after the disaster |
VAT/business tax | Small-scale business operators deduct days stopped business due to disaster | Apply after the disaster |
Entertainment tax | The entertainment industry that determines the levy will deduct the number of non-operating days | Apply after the disaster |
Commodity Tax | whose taxed or exempted goods are destroyed or damaged and cannot be sold, apply for tax paid refund or cancel | 30 days after the disaster |
Tobacco and alcohol taxes | taxed or duty-free tobacco and alcohol are destroyed or damaged and unable to be sold, apply for refund or cancellation of tobacco and alcohol taxes paid and tobacco product health and welfare donations | 30 days after the disaster |
