Income Tax Act Article 106

Under any of the following circumstances, the competent tax authority shall, in addition to requiring the submission of a report or the amendment of report entries within a specified time period, impose upon the violator a fine of not more than NT$1,500:1. Where the responsible person of a profit-seeking enterprise organized as a company, a cooperative, or other juristic person fails, in violation of Article 76, to report within the prescribed time period the dividends or profits payable or paid to shareholders, members, or investors;2. Where the responsible person of a partnership fails, in violation of Article 76, to report the names and residences of partners, the amounts of their respective investments and the percentage of allocation of profit or loss in a detailed list;3. Where the responsible person of a profit-seeking enterprise fails to record the necessary information in the account books required by Article 90;4. Where the responsible person of a warehouse or godown fails to report the necessary information as required by Paragraph 1 of Article 91.