Taiwan Explains Rental Expense Special Deduction for Individual Taxpayers
Taiwan's Ministry of Finance has issued a notice explaining the rental expense special deduction for individual taxpayers and the related conditions. This provides a deduction of up to TWD 180,000 for rent paid for housing by a taxpayer, his or her spouse, and lineal dependents. The housing must be used as their own residence, and not for business or performing professional services. Further, …
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