(1)Tax rates on monthly salaries in full amount are:
6%(if total payments are equal to or lower than 1.5 times the monthly baseline salary as assessed by the Executive Yuan.) or 18%(if total payments are higher than 1.5 times the monthly baseline salary as assessed by the Executive Yuan.)
(2)Commissions, interest, rentals, income from professional practice, awards or prizes obtained from participating in contests, games, or lotteries, and reward for information or accusation shall be taxed at the rate of 20%. Note: The following kinds of interest are subject to be taxed at the rate of 15%: (i) The portion of the pecuniary amount realized by short-term commercial papers at their maturity in excess of the selling price at their initial issuance.
(ii) The interest distributed from beneficiary securities or asset-backed securities issued in accordance with the Financial Asset Securitization Act and the Real Estate Securitization Act.
(iii) The interest derived from government bonds, corporate bonds and financial bonds.
(iv) The interest derived from repo (RP/RS) trade.
(3)Dividends shall be taxed at the rate of 21%.
(4)Income from property transactions and self-employed farming, fishing, animal husbandry, forestry and mining activities shall be filed and taxed at the rate of 20%.
(5)Retirement payments or pensions shall be taxed at the rate of 18% net with certain exemptions.
(6)Miscellaneous income shall be filed and taxed at the rate of 20%.
(7)Where a trust deed is set up by a profit-seeking enterprise, the income derived by the beneficiary shall be filed and taxed at the rate of 20% for the value or the increased portion of the value of his/her entitlement to such trust benefit in the year the trust deed takes effect, the beneficiary change takes effect, or the trust property increase takes effect.
(8)For income from transactions in structured products between taxpayers and securities firms or banks, 15% of the income derived is withheld.