Taiwan - The Ministry Of Finance Announced The Amendment To Standards Of Withholding Rates For Various Incomes.

Legal News & Analysis - Asia Pacific - Taiwan - Tax

17 April, 2018

 

The Ministry of Finance announced the amendment to Standards of Withholding Rates for Various Incomes and increased the withholding rate of distributed dividends applied to foreign investors to 21%. 

 

For purpose of balancing the taxes imposed on domestic and foreign investors, the MOF announced the amendment to Standards of Withholding Rates for Various Incomes, and increased the withholding rate of distributed dividends/profits applied to foreign investors to 21% on December 29, 2017, to take effect beginng the year of 2018.

 

 

For further information, please contact:  

 

Elvin Peng,Tsar & Tsai Law Firm

[email protected]