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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
31) What are the principles underlying the income basic tax? 中文

In the case that The Amount of Regular Income Tax for an individual is greater than or equal to The Amount of Basic Tax, the income tax of the current year for the said individual shall be calculated in accordance with the Income Tax Act and other relevant laws; whereas in the case that The Amount of Regular Income Tax is less than The Amount of Basic Tax, the amount of income tax payable shall also include the Balance between Basic Tax and Regular Income Tax, in addition to the amount as calculated in accordance with the Income Tax Act and other relevant laws.
  • The Amount of Basic Tax = (The Amount of Basic Income - NT$6,000,000) * 20%

  • The Amount of Regular Income Tax = Tax Payable - Investment Tax Credits for the Tax Payable
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