The Complete Guide to Tax Compliance Audits in Taiwan: Benefits, Requirements, and How It Impacts Your Business 

A Tax Compliance Audit in Taiwan is a systematic review of a company’s or individual’s tax-related activities to ensure that all financial reporting, filing, and payments adhere strictly to Taiwan’s tax laws and regulations. Unlike a government-initiated audit, which primarily seeks to verify accuracy and detect errors or omissions, a tax compliance audit often serves a proactive purpose: it identifies potential risks, gaps, or non-compliance issues before they escalate into penalties or disputes with Taiwan’s tax authorities, such as the National Taxation Bureau (NTB).

The Introduction of Taiwan Financial Attestation 

Financial Attestation refers to a professional service in which a licensed Certified Public Accountant (CPA) audits and reviews a company’s financial statements based on established accounting and auditing standards. The CPA then issues an attestation report affirming the credibility of the financial information.