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Taiwan Explains Differences in Withholding for Resident and Non-Resident Individuals

14 October 2021

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Approved Changes

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Taiwan

Taiwan's Ministry of Finance has issued a release explaining the different withholding requirements for income of resident and non-resident individuals. --- Tax withholders must withhold income tax based on identity of the income recipient. Dajyh Office, National Taxation Bureau of the Central Area, Ministry of Finance stated: When payments of taxable income are made, tax withholders must withhold income tax on the basis of Article 88 of the Income Tax Act and the Standards of Withholding Rates for Various Incomes. There are different withholding tax rates for residents and non-residents of the R.O.C. An individual is regarded as a tax...