Tax Rate

ROC taxes, overseas payment of taxes, withholding rates, general tax liability issues, and other tax-related matters
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Tax Rate

Postby Doraemon2008 » 11 Feb 2011, 01:24

Is it still the 20% for foreigner when they first arrive and 6% Taiwanese citizenship?
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Re: Tax Rate

Postby andrew1967 » 14 Feb 2011, 19:07

The witholding tax rate for non-resident is 18% for this year. If non-resident's salary is under NTD 26,820, the rate will be 6%.
The witholding tax rate for resident is 5% for this year.
The non-resident is one who stay in TW less than 183 days in a calender year.
I am a Taiwanese guy with USA CPA and TW CPA status.
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Re: Tax Rate

Postby steelersman » 24 Feb 2011, 21:45

Yes, but do employers legally have to deduct 18 percent for the first six months until a foreigner hits the 183 day mark?
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Re: Tax Rate

Postby citizen k » 25 Feb 2011, 15:08

steelersman wrote:Yes, but do employers legally have to deduct 18 percent for the first six months until a foreigner hits the 183 day mark?


Yes. They are responsible for it and will be held accountable for it if you decide to run off before the prescribed 183 days.
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Re: Tax Rate

Postby symbion » 09 Mar 2011, 01:55

Is there a way to get back the 14% "overtax" (20%-6%) after 6 months ?
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Re: Tax Rate

Postby citizen k » 15 Mar 2011, 17:37

symbion wrote:Is there a way to get back the 14% "overtax" (20%-6%) after 6 months ?


It will be refunded when you file, providing you have been on the books (read: paying income tax) more than 183 days.
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Re: Tax Rate

Postby th3ic3man0 » 10 Dec 2011, 21:31

what's the tax rate for those earning more than NTD 26,820? thanks!
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Re: Tax Rate

Postby snowy » 19 Dec 2011, 15:54

Tax rates, allowances and exemptions for 2012 have been announced and seem to be unchanged from 2011.
(All figures, TWD)

Progressive rate table
5% > 0-500,000
12% > 500,001-1,130,000
20% > 1,130,001-2,260,000
30% > 2,260,001-4,230,000
40% > 4,230,001 upwards

Exemptions
Taxpayer, spouse, dependant = 82,000 per person
Ascendant > 70 years old = 123,000 per person

Standard deductions
Single = 76,000 / Married couple filing together = 152,000

Special deduction
Salaries and wage earners > 104,000 per person
Savings and investment > 270,000 per household
Tuition > 25,000 per person
Disability > 104,000 per person
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