Talwan: Update on personal income tax

摘要

On 11 December 1996, the Ministry of Finance announced the 1997 rates and exemptions for individual resident tax- payers. According to the announcement, the 1997 consol- idated (personal) income tax rates and personal exemp- tion are as follows: personal allowances: TWD 70,200 for each individual resident; standard deductions: TWD 43,000 on a single return and TED 65,000 on a joint return; special deductions on salary (limited to the taxpayer, spose and qualifying dependants): TWD 60.000 per earner; and special deductions for disabled persons (limited to the taxpayer, spouse and qualifying dependants): TWD 72,000 per person.