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Starting in 2022, an annual exemption of $2,440,000 may be deducted from total amount of gift for each donor

       The National Taxation Bureau of the Northern Area (NTBNA), Ministry of Finance, indicates that, starting in 2022, an annual exemption of $2,440,000 may be deducted from total amount of gift for each donor.
       NTBNA further explains that, regardless the number of bequests, the total gifted amount, or the number of bequeathing recipients in a year, the donor’s tax remission amount is fixed at NT$2.44 million dollars.
       If you have any questions, please call the toll-free number 0800-000-321 for professional service.

Issued:National Taxation Bureau of Northern Area Release date:2022-05-09 Last updated:2022-05-09 Click times:124