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🇹🇼 Taiwan

Taxes

Taiwan taxes residents on worldwide income at progressive rates (5-40%). Non-residents pay 18% on Taiwan income. Gold Card holders get 50% tax deduction on salary above NT$3M for 5 years.

Taxes in Taiwan

Understanding Taiwan's tax system is essential for expats, especially given the generous tax benefits available to Gold Card holders and other foreign professionals.

Tax Residency

You're a Taiwan tax resident if:

  • You have a domicile in Taiwan AND habitually reside there, OR
  • You stay in Taiwan 183+ days in a calendar year

Tax implications:

  • Residents: Taxed on worldwide income
  • Non-residents (<183 days): Taxed only on Taiwan-source income

Income Tax Rates 2026

For Tax Residents (Progressive Rates):

Income (NT$)Rate
0 - 560,0005%
560,001 - 1,260,00012%
1,260,001 - 2,520,00020%
2,520,001 - 4,720,00030%
Over 4,720,00040%

For Non-Residents:

  • 18% flat rate on Taiwan-source income (under 90 days)
  • 18% on all income (90-183 days)

Gold Card Tax Benefits

Foreign Special Professional concessions (first 5 years):

  • 50% exemption on salary above NT$3 million
  • Exemption from Alternative Minimum Tax on foreign income
  • Must be first time receiving Taiwan work permit

Example:

  • Salary: NT$5 million/year
  • First NT$3 million: Taxed normally
  • Remaining NT$2 million: Only NT$1 million taxed (50% exemption)

Important Tax Considerations

Digital Nomad Visa holders:

  • If in Taiwan 183+ days: Potentially tax resident
  • Worldwide income may become taxable
  • Plan carefully around the 183-day threshold

Foreign-Source Income:

  • Taxed for residents under Alternative Minimum Tax (AMT)
  • AMT rate: 20% on amount over NT$750,000
  • Gold Card holders exempt from AMT for 5 years

Filing & Deadlines

Tax year: January 1 - December 31

Filing period: May 1-31 (following year)

How to file:

  • Online filing available (partially in English)
  • In-person at tax office
  • Through accountant

Documents needed:

  • Withholding certificates
  • ARC/passport
  • Bank details for refund
  • Foreign income documentation (if applicable)

Deductions & Credits

Standard deduction (2026):

  • Single: NT$124,000
  • Married filing jointly: NT$248,000

Personal exemption: NT$92,000 per person

Common deductions:

  • Insurance premiums
  • Medical expenses
  • Mortgage interest
  • Charitable donations
  • Education expenses

Other Taxes

TaxRateNotes
Capital gains (securities)0%Currently exempt
Dividend incomeIncluded in income8.5% credit available
Property tax1.2-5.4%Based on assessed value
VAT (Business tax)5%Included in prices
Inheritance tax10-20%Progressive

Tips for Expat Tax Planning

  1. Track days carefully if approaching 183-day threshold
  2. Keep records of foreign income and taxes paid
  3. Understand Gold Card benefits if applicable
  4. Hire an accountant for complex situations
  5. File on time to avoid penalties
  6. Check tax treaties - Taiwan has agreements with some countries

Tax Treaty Countries

Taiwan has tax treaties with:

  • UK, France, Germany, Netherlands, Belgium, Denmark, Sweden
  • Australia, New Zealand, Canada
  • Japan, Singapore, Indonesia, Malaysia
  • Various others

Benefits: May reduce double taxation, withholding rates

Pro Tips

  • Gold Card holders get significant tax benefits - 50% exemption on high salaries
  • Track your days carefully if close to 183-day tax residency threshold
  • Taiwan has no capital gains tax on securities
  • File in May for the previous year's income
  • Consider hiring an accountant for complex foreign income situations

Have questions about taxes in Taiwan?