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Q&A: Filing Income Tax in Taiwan as a Foreigner 中文
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Source: Taipei National Tax Administration, Ministry of Finance Last Update: April 16, 2008

17) What is Special Deduction for Savings and Investment in individual income tax? And how
      much is the limitation? 中文
 

The following kinds of income are included in Special Deduction for Savings and Investment:
  1. Interest derived from deposits made in financial institutions, excluding that accrued from postal passbook savings, bonds issued by government, corporate or financial institutions, short-term commercial papers and beneficiary securities or asset-based securities issued according to the Financial Asset Securitization Act or the Real Estate Securitization Act.

  2. Profits derived from trust funds of a similar nature to saving accounts.

  3. Dividends occurred from the transaction, gift, inheritance, waive deferment , deposit TSCD and others of the tax-deferred stocks which is divided before Dec.31, 1998.
The above kinds of income received by the taxpayer, his or her spouse and dependents listed in his or her individual income tax return are exempted from income tax in full if the total amount for the whole year does not exceed NT$270,000. However, the dividends received from registered and listed stocks and shares which are paid after Jan 1, 1998 are not deductible.
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