National Taxation Bureau of the Northern Area (NTBNA), Ministry of Finance, indicated that, starting in 2022, an exemption of NTD13,330,000 may be deducted from the gross estate for the decedent.
NTBNA explains that the taxable estate means the value of gross estate according to the Estate and Gift Tax Act, less deductions and exemptions. The progressive rates of consolidated estate tax are 10%, 15%, and 20%.
If you have any questions, please call the toll-free number 0800-000-321. The Bureau will assign a professional to serve you.