author_orbitax
Orbitax

Share This Article

Taiwan Increases Benchmark of Taxable Income Subject to Withholding for Salaries of Non-Resident Individuals

13 April 2022

|

Approved Changes

|

Taiwan

Taiwan's Ministry of Finance issued a notice on 11 April 2022 regarding the benchmark of taxable income subject to withholding for salaries of non-resident individuals, which has been increased to TWD 37,875 since 1 January 2022. As explained in the notice, monthly salary payments up to the benchmark are subject to 6% withholding, while payments exceeding the benchmark are subject to 18% withholding. --- The Benchmark of Taxable Income Subject to Withholding for Salaries of Non-resident Individuals Has Been Adjusted since 2022 The National Taxation Bureau of the Southern Area, Ministry of Finance, indicated that the benchmark of taxable income...