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Taiwan Provides Guidance on Personal Income Tax Deductions

|Approved Changes|Taiwan
Taiwan

Taiwan's Ministry of Finance has issued a release providing guidance on personal income tax deductions.

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For personal income tax return filing, could the choice of claiming standard deductions be changed to claiming itemized deductions?

The National Taxation Bureau of Taipei, Ministry of Finance said that, in accordance with Paragraph 2, Article 25 of the Enforcement Rules of the Income Tax Act, if a taxpayer has chosen to claim the standard deduction when filing the individual income …

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