Japan’s national tax agency on 30 November 2016 released guidance with respect to withholding taxes and forms for application of the mutual exemption provisions for income of foreign residents.
The Guidance on an amendment to withholding taxes (Japanese) which provides an explanation of the exemption or reduction measures applicable to Japanese source income derived by Taiwanese residents under the “Mutual Exemption Law for Income of Foreign Residents.”
The application forms for the “Mutual Exemption Law for Income of Foreign Residents” are to be used when a Taiwanese resident wants to apply for exemption or reduction with respect to Japanese withholding tax on Japanese source income in accordance with the measures.
