Q：
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What is the basic tax in Taiwan?
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A：
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The definition of “Basic Tax” is the minimum amount of taxes which taxpayers shall pay. The computation of basic tax is the amount of basic income to subtract the amount of deduction and multiply rate of taxation. The formula as below:
Basic Tax= (Basic Income-Deduction) x Rate of Taxation
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Q：
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How to compute the amount of deduction in basic tax for profit-seeking enterprises?
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A：
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The amount of deduction for profit-seeking enterprises is TWD$500,000 from the amount of basic income in the computation of basic tax.
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Q：
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What is the minimum rate of taxation for profit-seeking enterprises?
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A：
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The minimum rate of taxation for profit-seeking enterprises is 12%.
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Q：
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What is the basic income?
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A：
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The definition of “Basic income” is the basis of taxation for AMT to compute.
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Q：
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How to compute the basic income for profit-seeking enterprises?
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A：
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The computation of “Basic Income” for profit-seeking enterprises is that the amount of taxation for income to add the amount of exemption of taxation in AMT pursuant to Income Tax Act. The formula as below:
Basic Income= The amount of taxation for income + The amount of special exemption
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FAQ
