Big Mistake??

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Re: Big Mistake??

Postby rolltidemdj » 23 Apr 2012, 10:58

cranky laowai wrote:
rolltidemdj wrote:I am looking forward to it and will be there at the end of July.

You'd be much better off, tax-wise, if you arrive in Taiwan about a month earlier. Being here for at least half a calendar year is the difference between a low tax rate and 18%.


Yes, I know..no way out of it for me..I am stuck in my current contract until the end of July. But this higher tax rate is only for a year right? Next year it will be lower, I think.
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Re: Big Mistake??

Postby tommy525 » 23 Apr 2012, 13:39

you are judged on an annual basis. IN other words each year you must be in taiwan over 183 days of the calendar year or you pay the flat tax and also dont get any exemptions and all that. So its huge the difference in total taxes paid !!

Many companies require you to pay 18pct monthly tax until you have been in taiwan over 183 days then they go to much lower rate. At the end of the year you will then expect a nice refund. But of course you need to file and then wait for the refund check. Which takes time.
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Re: Big Mistake??

Postby PapaAzucar » 24 Apr 2012, 13:13

tommy525 wrote:you are judged on an annual basis. IN other words each year you must be in taiwan over 183 days of the calendar year or you pay the flat tax and also dont get any exemptions and all that. So its huge the difference in total taxes paid !!

Many companies require you to pay 18pct monthly tax until you have been in taiwan over 183 days then they go to much lower rate. At the end of the year you will then expect a nice refund. But of course you need to file and then wait for the refund check. Which takes time.

Let's say that someone comes to Taiwan to look for a job (before the 183 days) like in May (on 60 day visa), but did not land a job until July (after the 183 days).
Does the 18% tax still apply?
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Re: Big Mistake??

Postby cranky laowai » 24 Apr 2012, 13:15

PapaAzucar wrote:Let's say that someone comes to Taiwan to look for a job (before the 183 days) like in May (on 60 day visa), but did not land a job until July (after the 183 days). Does the 18% tax still apply?

It doesn't matter if the time is broken up as long as the total time in Taiwan exceeds half of the calendar year.
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Re: Big Mistake??

Postby tommy525 » 24 Apr 2012, 13:22

YOU must be physically present on the island of Taiwan for at least 183 days of the calendar year. Physically present for whatever reason ,employed or not.

Your days off the island count AGAINST you.
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