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Foreign workers to pay 20% tax with sub-183-day stays.

Taipei, June 22, 2009 (CENS) -- Foreigner workers who stay in Taiwan less than 183 days will pay 20% income tax, and 6%- 40% as locals if their stays exceed 183 days, according to the Ministry of Finance (MOF).

The MOF indicated that foreign workers staying in Taiwan, with or without visas, have to pay income tax if their stays exceed 90 days in a year, regardless of having work permits and/or residency permits. Currently citizens holding passports of 38 countries can enter Taiwan visa- free, including the U.S., Australia, Japan, South Korea and the EU member nations.

Foreigners working for local and foreign firms in Taiwan for a combined 90 days or more have to report incomes to local tax offices, and pay any taxes before being allowed to depart.

The MOF said that employers should tell foreign workers about the taxation rules here when signing employment contracts to help them process taxation paperwork if necessary.

((JL)) (GE)
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Publication:The Taiwan Economic News
Article Type:Brief article
Geographic Code:9TAIW
Date:Jun 22, 2009
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