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◎ Subsidized child gift tax should be declared in accordance with the provisions set production overseas.
Southern District Treasury Internal Revenue Service said that to finance the purchase of their children in foreign real estate, foreign children account funds remitted to the Department belongs to the parents of their children's gift behavior, shall apply to the IRS within 30 days after the occurrence of the behavior of the gift gift tax return. Bureau further explained to the children of foreign employment, settlement, and then home production, parents or relatives often provide financial assistance, but according to Estate and Gift Tax Law Article 22 stipulates that the donor annually deducted from the total amount of tax-free gift of $ 220 million, more than 10% of the part you need to impose a gift tax.
A few days ago the council seized monarch in 103 years to export US $ 250,000 (equivalent to NT $ equivalent of about 750 million) to the United States account daughter, their daughter acquire real estate, but Mr. A case of failure to declare the gift tax, the council was overdue tax penalty of more than 100 million dollars.
Bureau reminded the public if the aforementioned circumstances, the IRS before without investigation or prosecution by the people, as soon as possible in accordance with the provisions of the Tax Collection Law 1 Article 48 of the automatic repay back taxes, from seizures to be punished.
