Personal Income Tax Rate in Taiwan remained unchanged at 40 percent in 2020 from 40 percent in 2019. source: Taxation Administration, Ministry of Finance, R.O.C.

Personal Income Tax Rate in Taiwan averaged 40.88 percent from 2004 until 2020, reaching an all time high of 45 percent in 2015 and a record low of 40 percent in 2005. This page provides - Taiwan Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Taiwan Personal Income Tax Rate - values, historical data and charts - was last updated on April of 2021.

Personal Income Tax Rate in Taiwan is expected to reach 40.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Taiwan Personal Income Tax Rate is projected to trend around 40.00 percent in 2022, according to our econometric models.

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Taiwan Personal Income Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
40.00 40.00 45.00 40.00 2004 - 2020 percent Yearly

Taiwan Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 20.00 20.00 25.00 17.00 percent [+]
Personal Income Tax Rate 40.00 40.00 45.00 40.00 percent [+]
Sales Tax Rate 5.00 5.00 5.00 5.00 percent [+]
Social Security Rate 14.02 14.02 14.56 9.00 percent [+]
Social Security Rate For Companies 10.87 10.87 14.56 7.00 percent [+]
Social Security Rate For Employees 3.15 3.15 3.35 2.00 percent [+]


Taiwan Personal Income Tax Rate
In Taiwan, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Taiwan.