Taiwan (TW)

Jurisdiction Overview

IDQuestionAnswer
435 *Personal Income Taxation: Is there a personal income tax with a comprehensive scope? No, lump sum/flat charge/exemption of taxes are available instead of regular personal income taxation.
 Data Date: 2019

Notes

 
While Taiwan levies in addition to its territorial income tax an alternative "income basic tax" with worldwide scope, this tax only covers income above NT$1,000,000 and taxes at lower (flat) rates than ordinary income tax.

Sources

TJN Survey 2019
 
IBFD 2019a
 
https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Tax/dttl-tax-taiwanhighlights-2019.pdf
 
https://law.moj.gov.tw/ENG/LawClass/LawSearchContent.aspx?pcode=G0340115&norge=12
 
https://ttps://law.moj.gov.tw/ENG/LawClass/LawSearchContent.aspx?pcode=G0340003&norge=2