Understanding corporate income tax and other business taxes in Taiwan is crucial for companies operating within the country. Alongside corporate income tax, businesses should be aware of other taxes, such as VAT, customs duties, personal income tax, withholding tax, securities transaction tax, and specific industry taxes. It is advisable to consult with a tax professional or refer to the official website of the Taiwan National Taxation Bureau for the most accurate and up-to-date information. By fulfilling their tax obligations, businesses can operate in compliance with Taiwanese tax laws and contribute to the growth and development of the country's economy.
Taiwan imposes corporate income tax, known as "Business Income Tax," on the profits earned by companies operating within its jurisdiction. The corporate income tax rate in Taiwan is a progressive rate system, with rates ranging from 5% to 20%. The specific tax rate depends on the level of taxable income.
For comprehensive and up-to-date information on business taxes in Taiwan, it is recommended to visit the official website of the Taiwan National Taxation Bureau.
Taiwan National Taxation Bureau Website: Official Taiwan National Taxation Bureau Website