萬國法律事務所

According to Taiwan’s tax laws, the tax authority has the power to issue travel bans on liquidators of a company which fails to pay any tax due. The recent memorandum issued by the Ministry of Finance states that if a new liquidator is appointed, the existing travel ban, if any, will be imposed on the new liquidator. However, the total period of the travel ban on the past and new liquidator altogether cannot exceed five years. For example, if the tax authority has issued a travel ban on liquidator A of Company X for two years, the new liquidator B who replaces A will be restricted from leaving the country for additional 3 years at most.