Taiwan: Cabinet approves draft amendments to Income Tax Act 30 October, 2017 HomeTAXCorporate Taxation The Executive Yuan (Cabinet) approved draft amendments to the Income Tax Act on 12 October 2017. The draft proposals include the following: Corporate income tax rate increases from 17% to 20%. Standard dividend withholding tax rate raises from 20% to 21% for a non-resident recipient. Undistributed earnings tax (surtax) rate decrease from 10% to 5%. Asia-PacificTaiwan Rates / National/Federal / Surtaxes/SurchargesTaxability of other income / Dividends / Non-resident companiesPolicy announcements / Policy announcements by government Share This
