Buying · 04

Buying or leasing in the company's name. An invoice is not a tax saving.

Input tax on a passenger car you use yourself is written, straight in the Business Tax Act, as tax you cannot credit. A real rental, or a car that actually works in the business, is a separate check. Don't put the saving in the budget first.

The statute. The link goes to the national law database.

What this is

Name it first

This is how the tax gets sorted, not a magic trick with a company name. Business Tax Act §19: input tax on a passenger car for your own use cannot be credited against output tax. Hanging the car on the company does not cross that line out. Whether the rent can be credited depends on the contract actually being a lease, and on what the Ministry of Finance is saying at the time.

What you can do now

0/3

Who you might call

Only if it fits

Also worth saying

A company can only deduct so much of a passenger car's cost. The cap moves. Use the Ministry of Finance rule for that period. I won't freeze a number here.
'Lease it and you can deduct' is not a conclusion I can hand you. First split own use from business use, and a lease from a purchase.
If the tax saving needs a note written afterwards, stop. That note has to be on the paper before you sign.

← Back to this group Next → The transfer isn't done. Don't pay the balance off.

I'm not a lawyer, and I'm not a mediator. I can't decide this for you. The statute that counts is the one still in force. Judgments live on the Judicial Yuan site.