According to recent reports, Taiwan has implemented amendments to the Income Tax Law from 1 July 2021 in order to curb real estate speculation, including amendments to the capital gains tax regime for real estate (immovable) property sales that was introduced from 1 January 2016. The amendments were approved by Taiwan's Executive Yuan (Cabinet) in March 2021 and by the Legislative Yuan in April 2021 and apply in respect of property acquired on or after 1 January 2016.
With respect to residen…