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๐Ÿ‡น๐Ÿ‡ผ Taiwan /Economy & Trade

Taoyuan Tax Debtor Settles 17 Million NT Dollar Debt After 'Fake Divorce' Attempt

From Liberty Times · () Chinese

Translated from Chinese, summarized and contextualized by DistantNews.

At a glance

News Sources not specified Outcome reported
  • A landowner in Taoyuan, who previously owed 17 million NT dollars in taxes, has settled the debt through installment payments after negotiating with the city government.
  • The individual had attempted to evade payment by transferring assets to his ex-wife and undergoing a "fake divorce" before the government extended the tax recovery period.
  • The Taoyuan City Government also listed other major tax debtors, including a company owing over 500 million NT dollars and individuals with significant outstanding land value increment tax.

A Taoyuan landowner has settled a 17 million NT dollar tax debt through a payment plan, avoiding further government action. The individual, identified by the surname Cai, had previously been listed among the city's top tax defaulters for owing over 21 million NT dollars in land value increment tax.

According to city officials, Cai had transferred his assets to his wife and engaged in a "fake divorce" to circumvent tax recovery efforts. However, with the government extending the tax collection period by 10 years, Cai reportedly feared the divorce becoming permanent and decided to negotiate a repayment agreement.

The Taoyuan City Government annually publishes a list of major tax debtors, including individuals owing over 10 million NT dollars and corporations owing over 50 million NT dollars. While Cai has now settled his debt, other significant defaulters remain. These include a company with over 500 million NT dollars in outstanding property and land taxes, and two individuals with substantial land value increment tax arrears. One of these individuals, who has no assets but possesses earning capacity, has agreed to a monthly payment of 8,000 NT dollars.

The landowner, who owed 17 million NT dollars in land value increment tax, transferred his assets to his wife and went through a fake divorce to avoid collection. With the government extending the recovery period by 10 years, he worried about the divorce becoming real and leaving him penniless. He later negotiated with the city government to pay the 17 million NT dollars in installments.

โ€” City government officialAn official familiar with the case explained the landowner's actions and motivations.
DistantNews Editorial

Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.