Expatriate tax ebook - Taiwan

What Taxes?

Capital gains tax
Inheritance, estate and gift taxes
Investment income
Local taxes
Real estate taxes
Social security taxes
Stock options
Wealth taxes
Other specific taxes

Capital gains tax
There is no capital gains tax in Taiwan for profits arising from share transactions. However, profits earned from trading in non-listed shares can be subject to alternative minimum tax.

Inheritance, estate & gift taxes
Estate duty is levied on the assessed value of property located or owned by Taiwanese residents that pass, or is deemed to pass, on the death of an individual.

Gift tax is also levied on the transfer of property free of charge to another.

Investment income
Taiwan sourced interest income and dividends, and other investment income are taxable in Taiwan.

Local taxes
There are no local taxes imposed on the income of individuals in Taiwan.

Real estate tax
There is no real estate tax in Taiwan.

Social security taxes
There are no social security taxes in Taiwan. However there is a compulsory National Health Insurance program. All residents must join the program and pay applicable premium.

Stock options
Expatriates working in Taiwan during the stock option lock-in period would be liable for Taiwanese tax on stock option profits earned pro rata to the number of days spent in Taiwan.

Wealth tax
There are no wealth taxes in Taiwan.

Other specific taxes
Alternative minimum tax.

Information about Taiwan:

• introduction
• facts and figures
• basis of taxation
• what taxes?
• tax planning opportunities