How timely. I just went to the tax office here in Tainan today to file. I was pointed right away to an English-speaking clerk with no waiting time. It turned out I haven't been in the country or worked long enough so I didn't need to file. My last job had already filed. I couldn't believe how nice the service was (I had also just grabbed my new ARC from immigration earlier). Now I need to send my form to my accountant who handles my US taxes so that gets done. Taiwan is now four for four in terms of government institutions treating me wonderfully (immigration, police, NHI, now the tax bureau). It both saddens and warms my heart (unusual as that may sound) when I see how I've been treated here by government offices compared to Korea. It's literally two different universes.
Timely indeed! It's been interesting to hear about your experiences between the two countries. That's too bad about Korea. I also haven't had to do the immigration, police, or NHI thing myself (as my coordinator handled that) so I'm glad to know that the government seems to be working well across the board. Hope your applications and job offers are going well my friend.
Thank you Ryan. At least I can tell you from experience that dealing with those offices is very direct and a lot easier than you would expect if you need to handle business. I'm still in limbo right now waiting on news about the Kaohsiung school from Premiere and the Taichung program I got accepted into via Teach Taiwan. It would make a very nice birthday present this month for me if I finally got a solid job offfer and contract locked in.
Hey thanks for sharing. I live in Toufen and you confirmed my experience when I filed taxes in Taiwan too. 90+ thousand NTD is a good amount to get back! I assume it’s from the standard deduction plus being in the country 183+ days, which reduces your tax rate to 5% total, meaning you get a refund on 13% of the 18% you paid all year.
I'm not exactly sure of the exact calculation but what you described seems about right. I'm glad your tax filing worked out easily as well. It makes suffering that high tax rate much easier knowing you get a chunk of change back eventually.
I'm not exactly sure how the calculations work but getting that chunk of change back makes suffering the higher tax rate much easier. Glad it worked out for you as well my friend.
What happens if you start working the second half of the year? Will you be taxed 18% for end the year and another 18% for the first half of the following year?
It's easy to open a bank account if you have your ARC card and passport. One thing to note is that you have to provide your US social security number if you're an American. I haven't applied for a credit card but some foreigners have complained that it wasn't easy for them.
How timely. I just went to the tax office here in Tainan today to file. I was pointed right away to an English-speaking clerk with no waiting time. It turned out I haven't been in the country or worked long enough so I didn't need to file. My last job had already filed. I couldn't believe how nice the service was (I had also just grabbed my new ARC from immigration earlier). Now I need to send my form to my accountant who handles my US taxes so that gets done. Taiwan is now four for four in terms of government institutions treating me wonderfully (immigration, police, NHI, now the tax bureau). It both saddens and warms my heart (unusual as that may sound) when I see how I've been treated here by government offices compared to Korea. It's literally two different universes.
Timely indeed! It's been interesting to hear about your experiences between the two countries. That's too bad about Korea. I also haven't had to do the immigration, police, or NHI thing myself (as my coordinator handled that) so I'm glad to know that the government seems to be working well across the board. Hope your applications and job offers are going well my friend.
Thank you Ryan. At least I can tell you from experience that dealing with those offices is very direct and a lot easier than you would expect if you need to handle business. I'm still in limbo right now waiting on news about the Kaohsiung school from Premiere and the Taichung program I got accepted into via Teach Taiwan. It would make a very nice birthday present this month for me if I finally got a solid job offfer and contract locked in.
@@PsychoGemini Well I hope your birthday wish comes true my friend. I'm rooting for you.
Hey thanks for sharing. I live in Toufen and you confirmed my experience when I filed taxes in Taiwan too.
90+ thousand NTD is a good amount to get back! I assume it’s from the standard deduction plus being in the country 183+ days, which reduces your tax rate to 5% total, meaning you get a refund on 13% of the 18% you paid all year.
I'm not exactly sure of the exact calculation but what you described seems about right. I'm glad your tax filing worked out easily as well. It makes suffering that high tax rate much easier knowing you get a chunk of change back eventually.
I'm not exactly sure how the calculations work but getting that chunk of change back makes suffering the higher tax rate much easier. Glad it worked out for you as well my friend.
That’s awesome that you got a decent amount back and that it was a pretty easy process 😅👏
Thank you so much Sis, hope you're having a great start to the week :)
@@ryfree Of course, Bro!
Thank you! I hope your week is going well, too : )
What happens if you start working the second half of the year? Will you be taxed 18% for end the year and another 18% for the first half of the following year?
Yes, that happened to me. I arrived in September of 2022 and was taxed 18% through to the second half of 2023.
Is it easy to open a bank account and getting a credit card? I’m thinking of living in Taiwan and would appreciate any advice.
Open a bank account is easy. If you have income in Taiwan, it shouldn’t be difficult to get a credit card. If you don’t, you could get a debit card.
It's easy to open a bank account if you have your ARC card and passport. One thing to note is that you have to provide your US social security number if you're an American. I haven't applied for a credit card but some foreigners have complained that it wasn't easy for them.
More Donations -> Less Taxes :)