Does anyone know what the tax rate here is on pension payments?
Is the rate the same, irrespective of whether the payment comes from a Taiwanese or overseas pension scheme?
Any link to a gov't page to back this up would also be appreciated.
There will be a 20% tax rate applicable to those residents who have an overseas income of more than TWD1m (USD31,000). However, the new tax will not be payable if
an individual’s total income is less than TWD6m;
an individual who would be subject to the tax already pays an effective income tax of more than 20%; or
the tax paid abroad on their overseas income is greater than the tax that would be payable under this new regulation in Taiwan.
Forumosans browsing this forum: No Forumosans and 2 guests