China News Service, May 6. According to Taiwan's "Central News Agency" report, Taiwan's internal affairs department issued a press release on the 6th stating that political parties should complete the financial declaration of last year by the end of May. A total of 80 political parties have the obligation to declare. A fine of more than 1 million yuan (NTD, the same below) and less than 5 million yuan may be imposed according to regulations.
Taiwan's internal affairs department said that May is not only the season for public tax reporting, but also the time for political parties' financial reporting. According to regulations, political parties should prepare the previous year's final accounts report, income and expenditure statement, balance sheet and other financial statements before May 31 each year. The final accounts of property and financial status, such as property catalog, should be submitted after entrusting an accountant to check the visa.
After receiving and compiling the financial reports of various political parties, the competent internal affairs department will publish the financial reports on the Internet.
Taiwan's internal affairs department pointed out that in order to prevent political parties from neglecting financial reporting, they have sent a letter on March 25 to remind all political parties that if a political party is affected by the epidemic and cannot hold a party member meeting in the near future to pass the financial report, it must submit the financial report to the party member meeting in the next year. ratify.