MoF reminded donors that gift tax was calculated per donor, with returns required if annual gifts exceeded TWD 2.44 million.
Taiwan’s Southern District National Taxation Bureau of the Ministry of Finance (MoF) clarified that the annual gift tax exemption is calculated based on the donor, not the recipient.
If the total value of property a donor gives to others within the same year does not exceed the exemption amount (from 2022, the exemption is TWD 2.44 million), the donor is not required to file a gift tax return.
However, if the gift requires property title transfer registration or the total value of gifts in the year exceeds the exemption, the donor must file a gift tax return within 30 days of the gift.
According to Articles 22 and 24 of the Estate and Gift Tax Act, when the total value of a donor’s gifts in the same year exceeds the exemption, the donor must file a gift tax return within 30 days from the day after the gift exceeding the exemption occurs. The exemption is calculated per donor, not per recipient, and “each year” or “within one year” refers to the calendar year, from 1 January to 31 December.
For example, if Mr. A gives his son TWD 2 million on 1 July 2025, and gives his daughter TWD 2 million on 1 November 2025, the total gifts amount to TWD 4 million, exceeding the annual exemption of TWD 2.44 million. Mr. A must file a gift tax return within 30 days from 2 November 2025, the day after the gift exceeding the exemption occurred.
The bureau specifically reminds donors that if the total value of gifts given in the same year exceeds the annual gift tax exemption, they must file a gift tax return within 30 days from the day after the excess gift occurs. If a return has not been filed in accordance with the regulations, donors should voluntarily file a supplementary return in accordance with Article 48-1 of the Tax Collection Act to avoid penalties.
This announcement was made on 14 November 2025.
