ECCT Tax Committee Lunch

2019 Tax Filing Requirements for Foreign Professionals

Guest speaker
Liao Shu-I (Eva), Head of Foreign Taxpayers Section Services Division, National Taxation Bureau of Taipei, Ministry of Finance / 財政部臺北國稅局服務科外僑股廖淑儀股長

Time: 12:00 – 14:00

Date: Thursday, 18 April 2019

Address: No. 111, Section 3, Minsheng East Road, Taipei / 台北市民生東路三段111號

Venue: 3F, Ballroom, The Sherwood Taipei / 台北西華飯店3樓宴會廳

Based on the Article 9 of the Act for the Recruitment and Employment of Foreign Professionals, starting from 2018, foreign professionals meeting certain requirements are entitled to personal income tax incentives.

According to the Act, those engaging in professional work without household registration in Taiwan and who have for the first time been approved to reside in Taiwan or have obtained Employment Gold Cards and earning a salary income of over NT$3 million, may apply to exclude half of their salaries from the assessment of individual income tax liability. Moreover, if the foreign professional obtains overseas income, such income shall be excluded from the basic income. Furthermore, if the professional does not reside in Taiwan for 183 days or her/his annual salary income is less than NT$3 million, within the first three-year period of tax incentives, the tax incentives may be deferred to other employment periods in Taiwan for the year when s/he meets the requirements. The total number of years eligible for the tax incentives shall be limited to three years, and the deferral period shall start from the first qualified year and continue without interruption for a period not over 5 years.

ECCT invited special guest, Ms. Liao Shu-I (Eva), Head of Foreign Taxpayers Section Services Division, of NTB of Taipei, to explain the main changes to legislation and tax filing requirements for foreign professionals in 2019, including filing mechanisms for Employment Gold Card holders.

Among other topics, the presentation will cover the following topics:

• Introduction to 2018 tax return filing system and supporting document requirements
• New filing mechanisms for gold card holders
• Common misunderstandings and errors to avoid
• Introduction to the “Taxpayer Rights Protection Act” which became effective on 28 December 2017.

About the speaker 

Eva Liao (Shu-I) is an expert in individual tax matters. She has been the head of the Foreign Taxpayers Services Division in the National Taxation Bureau of Taipei under the Ministry of Finance since November 2018. Prior to this, she worked as an officer in the same division since 2010. She holds a bachelor’s degree in finance from National Chengchi University.

*This event will be conducted in English.

NT$1,400 for members and NT$2,000 for members' guest(s)

*To cancel without penalty, written cancellations must be received 24 hours prior to the event.

Contact: Emily Kuo / Tel: 2740-0236 ext. 219 / emily.kuo@ecct.com.tw  / www.ecct.com.tw