Taiwan MOF Clarifies Income Tax Declaration Requirements, Deadline for Foreign Nationals

The Taiwanese Ministry of Finance April 3 clarified consolidated income tax return filing and payment requirements for foreign citizens residing in Taiwan and meeting residency requirements. The clarification explains that: 1) a Taiwan “resident” includes foreigners with a Taiwan domicile who often reside in Taiwan, and foreigners without a Taiwan domicile who resided there at least 183 days during a tax year; 2) Taiwan residents are required to file annual income tax returns for the preceding year, reporting gross consolidated income, exemptions, deductions, and offsets, and to make payment before filing; 3) the period to file returns for 2023 is ...