Retained
- Statutory Tax Rate 20
- Surtax Based on Taxable Income 5
- Surtax Based on Statutory Tax 0
- Surtax Deductible from Taxable Income 0
- Statutory Tax Deductable 0
- Effective Tax Rate 25
Statutory Tax Rate
The profit-seeking enterprise income tax rates are: (TWD) up to 120,000 - 0%; over 120,000 - 20%. A surtax of 5% applies on profits that are not distributed by the next year. The standard 20% tax rate was increased from 17% and the 5% surtax was reduced from 10% from 2018. For SMEs with taxable income of up to TWD 500,000, a transition applies with an 18% tax rate in 2018, 19% in 2019, and 20% from 2020.
Distributed
- Statutory Tax Rate 20
- Surtax Based on Taxable Income 0
- Surtax Based on Statutory Tax 0
- Surtax Deductible from Taxable Income 0
- Statutory Tax Deductable 0
- Effective Tax Rate 20
Statutory Tax Rate
The profit-seeking enterprise income tax rates are: (TWD) up to 120,000 - 0%; over 120,000 - 20%. A surtax of 5% applies on profits that are not distributed by the next year. The standard 20% tax rate was increased from 17% and the 5% surtax was reduced from 10% from 2018. For SMEs with taxable income of up to TWD 500,000, a transition applies with an 18% tax rate in 2018, 19% in 2019, and 20% from 2020.