Answer: If you have a Taiwan ID card, unless it can be proved that the focus of life is not in Taiwan (the objective standard is probably that there is no health insurance in Taiwan), your global income will be taxed, but overseas (such as Hong Kong) income is 6.7 million Taiwan dollars deductible. If tax is still payable after deduction, the amount of overseas income that has been taxed in the country of origin can be used for tax deduction in Taiwan

Taiwan originally only levied taxes on the personal income of residents in Taiwan, but from 2010 onwards, it has changed to use global income as the basis for personal taxation. Taiwan will also implement the Common Reporting Standard (CRS) in 2019.

Taiwan residents' income overseas (such as Hong Kong) is less than NT$1 million, and there is no tax. If the overseas income is more than NT$1 million, plus the income in Taiwan, and the total income exceeds NT$6.7 million, the overseas income must be declared and taxed. The tax amount is the total income minus the tax allowance of 6.7 million and then multiplied by 20%.

After obtaining Taiwanese status, as long as you have not lived in Taiwan one day during the year, overseas income is not taxed. In addition, during the period of staying in Taiwan with a residence permit, if you live in Taiwan for more than 183 days in that year, you also need to declare overseas income

Tax update:

Example: Hong Kong applicants who have obtained Taiwan status and have paid taxes in Hong Kong during the year, then declare as follows in Taiwan:

If you have a Taiwan ID card, unless it can be proved that you are not in Taiwan (the objective standard is probably that there is no health insurance in Taiwan), then global income will be taxed, but overseas (for example, Hong Kong) income is 6.7 million Taiwan dollars deductible, after deduction If tax is still required, the amount of overseas income that has been taxed in the source country can be used to deduct tax in Taiwan

In Taiwan, those who have reached the age of 25 and are under the age of 65 and have not participated in labor, agriculture, public education, or military insurance will be included in the national annuity insurance. However, the national annuity insurance is non-compulsory social insurance. There are no penalties. However, if no payment is made, there will be no valid insurance years and no benefits will be paid in the future.

When trading stocks in Taiwan, a securities transaction tax (0.3% of the transaction value) is payable when the stock is sold. In addition, the dividends received annually for holding stocks, that is, dividend income, are also subject to taxation. There are two taxation methods, one of which is optional;

The first is the combined taxation, which can be combined with the total annual income for tax purposes; the second is the separate taxation, which means that the tax is levied at a single rate of 28% on dividends.

Taiwan originally only taxed residents' personal income within Taiwan, but since 2010, it has changed to global income as the basis for personal taxation. Taiwan will also implement the Common Reporting Standard (CRS) in 2019.

Taiwan residents who earn overseas (for example, Hong Kong) earn less than NT $ 1 million and are not subject to tax. If the overseas income exceeds NT $ 1 million, plus the income in Taiwan, and the total income exceeds NT $ 6.7 million, you must declare and pay overseas income. The tax amount is the total income minus the tax-exempt amount of 6.7 million and multiplied by 20%.

After obtaining Taiwan status, overseas income will not be taxed as long as he has not lived in Taiwan one day in the current year. In addition, during the period of stay in Taiwan with a residence permit, if you have lived in Taiwan for more than 183 days in the current year, you need to declare overseas income