Finance ministry calls out Taiwan's top tax evaders

財政部公布台灣欠稅大戶

Number of severetax evaders in Taiwan skyrocketsfrom 28 in 2017to 921 this year


TAIPEI (Taiwan News) — The Ministry of Finance published a public inventoryofcompanies and individuals with the highest outstanding tax debts in Taiwan.

The list is published annually on July 1to encourage those with outstanding debt and companies acting fraudulentlyto pay their taxes. Individualsowing more thanNT$10 million (US$328,000) or companies owing more than NT$50 million, are included on the Ministry's round-up, according to the Ministry's website.

The list has drastically grown since lastyear, from28 tax evaders to 921, andtaxes owed havelikewise increased significantly fromNT$2.687 billion last year to NT$95.677 billion.

Huang Juo-ku (黃若谷), the son of late business tycoon Huang Jen-chung (黃任中), spearheads the listof indebted individuals with a tax balance of NT$1.876 billionfollowed by his sister Huang Hsin-ping (黃新平), who owes NT$1.224 billion, and his other sister Huang Yan-ping (黃燕平), who owes NT$162 million, reported CNA.


Huang Jen-chung(CNA image)

Overall the Huang family owes NT$5.13 billion in taxes and occupies the first, second, and fourth place on the list. Third place is occupied byHuang Cheng-chih (黃承志), a real-estate mogul, who owes NT$1.475 in taxes.

As for local corporate tax evasion,Sunworld Dynasty Hotel Taipei (王朝大酒店) tops the list with NT$2.436 billion of outstanding taxes, followed byProcomp Informatics Ltd. (博達科技) withNT$1.129 billion owed.