On January 18, 2018, amendments to the Income Tax Act passed third reading by the Legislative Yuan and is retroactively effective from January 1, 2018. The amendments will apply to income earned from January 2018 onwards with respect to individual income tax ("IIT") return.
The salient points of the new tax reform in related to IIT are summarised as follows:
Tax on Dividend
Individual Income Tax
Last Reviewed - 09 February 2018