The Income tax rates and personal allowances in Taiwan are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the Taiwan Tax Calculator 2021.
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 5% | Income from $ 0.000.00 | to | $ 540,000.00 |
| 12% | Income from $ 540,000.01 | to | $ 1,210,000.00 |
| 20% | Income from $ 1,210,000.01 | to | $ 2,420,000.00 |
| 30% | Income from $ 2,420,000.01 | to | $ 4,530,000.00 |
| 40% | Income from $ 4,530,000.01 | and above | |
| Tax Rate | Taxable Income Threshold | ||
|---|---|---|---|
| 5% | Income from $ 0.000.00 | to | $ 540,000.00 |
| 12% | Income from $ 540,000.01 | to | $ 1,210,000.00 |
| 20% | Income from $ 1,210,000.01 | to | $ 2,420,000.00 |
| 30% | Income from $ 2,420,000.01 | to | $ 4,530,000.00 |
| 40% | Income from $ 4,530,000.01 | and above | |
Taxes, including personal income tax, expenses and limitations are reviewed by the Government in Taiwan periodically and typically updated each year. Not that not all tax rates and thresholds in Taiwan change annually, alterations to tax policy to support strategic economic growth in Taiwan mean that the certain areas may be focused on to provide specific tax relief in Taiwan or support growth in certain areas (overseas invstment in Taiwan for example may mean reduced non-resident income tax rates in Taiwan for a period).
When tax policy in Taiwan changes, the resultant tax tables also change. Tax tables in Taiwan are simply a list of the relevent tax rates, fixed amounts and / or threholds used in the computation of tax in Taiwan, the Taiwan tax tables also include specific notes and guidance on the validity of scenarios (for example, qualifying criterea for specific tax relief / allowances) and notes of the calculation of phaseout of specific tax elements within each taxation group (dividends and corporation tax thresholds in Taiwan for example).
Taiwan Tax Tables may also be referred to as Taiwan Tax Slabs, Taiwan personal allowances and tax thresholds or Taiwan business tax rates. They all refer to the tax tables, whether in whole or as specific sections/categories of the tax tables therein. In the section, we publish all 2021 tax rates and thresholds used within the 2021 Taiwan Salary Calculator. This means that if you are aware of a 2021 tax exemption or 2021 tax allowance in Taiwan that you are entitled too BUT it isn't listed here, that we don't allow for it in this version of the Taiwan Salary Calculator. This is simply because we updated our tax calculators based on user feedback, we tailor the Taiwan Salary Calculator to suit our users needs. Our aim is to keep tax calculations in Taiwan simple, we achieve this my making the Taiwan tax calculators relevent to our community's needs, this includes you. So, if you would like a new 2021 tax rates, allowance or threshold adding (or perhaps updating), or if you notice an error in our 2021 tax calculations, simply contact us and we will adjust the tool.
Choose a specific income tax year to see the Taiwan income tax rates and personal allowances used in the associated income tax calculator for the same tax year.