Nominated for a record nine categories, the pop superstar won just one prize, the Best Song category for Bad Blood, featuring Kendrick Lamar.
Taylor wasn’t able to accept the prize because she’s on tour in Atlanta.
The multiple Grammy winner starts the eagerly-anticipated Australian leg with a concert in Sydney on November 28.
The biggest winner on the star-studded MTV night, co-hosted by Aussie DJ Ruby Rose, was Justin Bieber who won five of the six awards he was nominated for.
Aussie pop punk band 5 Seconds of Summer was another notable highlight, walking away with the gong for Worldwide Act: Australia and New Zealand.
Here is the full list of winners:
Taylor Swift featuring Kendrick Lamar: Bad Blood
BEST LIVE ACT
BEST NEW ACT
Macklemore & Ryan Lewis: Downtown
Lana Del Rey
BEST HIP HOP
Justin Bieber, Skrillex, Diplo: Where Are You Now?
WORLDWIDE ACT: NORTH AMERICA
BEST WORLD STAGE
Ed Sheeran V Festival, Hylands Park, UK 2014
VIDEO VISIONARY AWARD
WORLDWIDE ACT: AUSTRALIA AND NEW ZEALAND
Australia — 5 Seconds of Summer