Filing taxes in Taiwan. Taxes must be filed for anyone who has been in Taiwan for 183 days or more during the previous year. The tax-filing time is May 1-31 (or June 1 if the 31st is a Sunday or national holiday) each year. The tax offices are open on Saturdays, but they are more crowded then. Individual taxpayers should settle the tax balance due (if any) and file an annual individual income tax return with the Taiwan tax authority before 31 May of the following year, with no extensions available. Payment of tax. There is income tax withholding on locally paid salaries. Tax Guides. Worldwide Tax Guides. Taiwan VAT Guide for Businesses. Posted by. Quaderno Team. May 10, 2023 • Updated on Sep 19, 2023. VAT. 5% Local Taxes: No. Tax threshold: NTD 480,000 for digital goods. Website: Taxation Administration. XXX Sales Tax Calculator. City. Zip/Postal code. XX % Create a free account. VAT invoices in Taiwan. Corporate tax system 6 Tax return filing requirements 17 Withholding taxes 24 Double taxation agreements 27 Withholding taxes under double taxation agreements 28 Tax incentives 32 Transfer pricing rules 35 Alternative minimum tax 42 Taxation of shareholders 44 PERSONAL INCOME TAX 46 General overview 46 Residency 47 Personal income tax rates 47 1. Income Tax on Individuals. If you spend more than 183 days in Taiwan in a year, you are recognized as a resident under Taiwan's tax legislation and are liable to the minimum tax computation on income earned in and outside Taiwan. Tax rates will range from 5% to 40%, depending on your taxable income. Last year 70% of people from overseas chose this drop-by method for filing their taxes in Taiwan. E-FILING Now there's a new way to pay your taxes: e-filing. With e-filing you can file, and even pay, your taxes online! Even if you are already back home! You can even get your refund online, too. .

filing taxes in taiwan