| Individual Income Basic Tax |
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1.The individuals who have the obligation of filing an individual income basic tax return
（1）An individual shall file an individual income basic tax return in accordance with the Income Basic Tax Act unless his or her circumstances do not otherwise include any one or more of the following conditions：
a) Non-resident of the R.O.C. (staying less than 183 days within a calendar year in the R.O.C.)
b) An individual who does not apply for any investment tax credits in accordance with the laws and does not have any amount within the scope of the provisions of any of the Subparagraphs of Paragraph 1 of Article 12 of Income Basic Tax Act in his or her annual income tax return or current income tax return.
c) An individual whose basic income as calculated in accordance with Paragraph 1 of Article 12 of the Income Basic Tax Act is less than NT$6,000,000.
（2）An individual whose circumstances do not include any one or more of the conditions mentioned above shall file an individual income basic tax return. |
2.The individuals who should file jointly
In the case that the taxpayer, as well as his or her spouse and/or dependents who shall file a joint consolidated income tax return in accordance with the Income Tax Act, have an amount of income which includes any one or more of the conditions applying under the Income Basic Tax Act, he or she shall include any such amount in this return for the calculation of basic income tax. |
3.The kinds of item are included in the calculation of the amount of basic income
The following items for which the amount(s) from a source in the R.O.C are included in the calculation of the amount of basic income are:
（1）Net taxable income:
The net taxable income is calculated in accordance with the Income Tax Act (please refer to the Individual Income Tax Return).
（2）Life and annuity insurance payments:
Insurance payments received by the beneficiary, on condition that the beneficiary and the proposer are not the same person and that the life insurance policy and annuities are contracted after this Act came into force. However, in the case of payment made upon the death of the insured person, the part of which aggregate of payments made in a filing unit is equal to or less than NT$30,000,000 may be excluded from the basic income in a calendar year.
（3）Income derived from transactions of securities:
a) Share certificates, certificates of entitlement to new shares, stock share payment certificates and documents of title to any of the securities issued or placed privately by a company that is not listed in a stock exchange or traded in the over-the-counter market.
b) Beneficiary certificates of privately placed securities investment trust funds.
（4）Non-cash donations or contributions:
The amount of non-cash donations or contributions deducted from the gross consolidated income of the individual income tax return.
（5）The amount of balance of the market value in excess of the par value of newly-issued registered share certificates acquired by employees. The market value refers to the price on the date next to the acquisition day of newly issued registered share certificates acquired by employees under Article 19-1 of the Statute for Upgrading Industry.
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4.The way in which the amount of basic tax is computed:
Subtract NT$6,000,000 from the amount of basic income then multiply the remainder by 20% to produce the amount of basic tax. |
5.The way in which the amount of regular income tax is computed:
The amount of regular income tax ＝ tax payable － investment tax credits for the tax payable |
6.The principles underlying the income basic tax:
In the case that the amount of regular income tax for an individual is greater than or equal to the amount of basic tax, the income tax of the current year for the said individual shall be calculated in accordance with the Income Tax Act and other relevant laws; whereas in the case that the amount of regular income tax is less than the amount of basic tax, the amount of income tax payable shall also include the balance between the amount of basic tax and regular income tax, in addition to the amount as calculated in accordance with the Income Tax Act and other relevant laws. |
7.The way in which the individual income basic tax return is to be filed:
Please attach the individual income basic tax return to the individual income tax return. |
Aliens who have any inquiry when filing an individual income tax return that is not fully answered in this folder are welcome to call or come in person to the Foreign Taxpayers Section of this Administration for further information.
Address: 2, Sec. 1, Jhonghua Road, Taipei
Tel:(02) 2311-3711
Ext:1116、1118
Should the English translation of these instructions differ from the Chinese text of relevant law, the Chinese text shall govern. |
