From 1 January 2015, a new individual income tax top bracket and rate of 45% applies in Taiwan. The new bracket is addition to the five brackets applicable in previous years, which remain the same. For 2015 the brackets and rates are as follows for resident taxpayers: up to TWD 520,000 - 5% over TWD 520,000 up to 1,170,000 - 12% over TWD 1,170,000 up to 2,350,000 - 20% over TWD 2,350,000 up to  4,400,000 - 30% over TWD 4,400,000 up to 10,000,000 - 40% over TWD 10,000,000 - 45% An 18% withholding tax applies for non-resident salary and wage income,...