◎ Cash grant should be within 30 days after the declaration of gift behavior handle.
(Taichung Reuters) Ministry of Finance in the area represented by the IRS civil tax collection, when reviewing inheritance and gift tax cases are often found general public for cash grants likely to have the case declared overdue, as seized by the tax authorities, in addition to back taxes fines and penalties outer core.
The illustrated, if the property of others within the same year grants, whether movable or immovable property, donation gift tax allowance totaling more than NT $ 2.2 million yuan when, according to estate and gift tax law provisions of Article 24 shall be to exceed the allowance of gift behavior declaration within 30 days after the occurrence of the gift tax. Easy to overlook people declare cash gift, that banks have been frequent exchange transfer, the tax authorities seized is not easy.
This reminds the donor should indeed declare within the prescribed time limit, not luck. Such as self-review found underreporting giver, please take the initiative to make a report to the competent tax authority to pay the tax leakage, the leakage of taxes in accordance with the provisions of the Tax Collection Law 1 Article 48, may be exempted from nuclear fines imposed.
