Income tax calculator Taiwan

Find out how much your salary is after tax

Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
$ 12,020
Individual Income Tax
- $ 601
Labour Insurance Program
- $ 276
National Health Insurance Program
- $ 186
Total tax
- $ 1,064
Net pay
* $ 10,956
Marginal tax rate
8.8%
Average tax rate
8.9%
91.1%
Net pay
8.9%
Total tax
Total tax
Net pay
The Taxberg
$ 10,956
Net pay
$ 2,062
Tax the employer pays
$ 1,064
Tax you pay
Total tax paid
$ 3,126
Did you know your employer also pays tax on your salary? It costs the employer $ 2,062 to pay you $ 12,020. In other words, every time you spend $ 10 of your hard-earned money, $ 2.60 goes to the government.
Real tax rate
22.2%
So, with you and the employer both paying tax, what used to be a 8.9% tax rate now rises to 22.2%, meaning your real tax rate is actually 13.3% higher than what it seemed at first.
People also ask
$ 12,020 yearly is how much per hour?
$ 5.78 hourly is how much per year?
Summary
If you make $ 12,020 a year living in Taiwan, you will be taxed $ 1,064. That means that your net pay will be $ 10,956 per year, or $ 913 per month. Your average tax rate is 8.9% and your marginal tax rate is 8.9%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of $ 100 in your salary will be taxed $ 8.85, hence, your net pay will only increase by $ 91.15.
Bonus Example
A $ 1,000 bonus will generate an extra $ 912 of net incomes. A $ 5,000 bonus will generate an extra $ 4,558 of net incomes.
Tax per income
$ 50,000
$ 100,000
$ 150,000
$ 200,000
$ 250,000
$ 300,000
$ 350,000
$ 400,000
$ 450,000
$ 500,000
$ 550,000
$ 600,000
$ 650,000
$ 700,000
$ 750,000
$ 800,000
$ 850,000
$ 900,000
$ 950,000
$ 1,000,000
North America
Country 
Net pay
Average tax
Rank
Canada
TWD 11830
1.6%
1
USA
TWD 10979
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
TWD 12020
0.0%
1
Singapore
TWD 12020
0.0%
2
Hong Kong
TWD 12020
0.0%
3
Pakistan
TWD 11670
2.9%
4
Thailand
TWD 11419
5.0%
5
Indonesia
TWD 10962
8.8%
6
Taiwan
TWD 10956
8.9%
7
South Korea
TWD 10735
10.7%
8
New Zealand
TWD 10591
11.9%
9
India
TWD 10578
12.0%
10
Malaysia
TWD 10487
12.8%
11
China
TWD 10435
13.2%
12
Philippines
TWD 10400
13.5%
13
Vietnam
TWD 10220
15.0%
14
Japan
TWD 9767
18.7%
15
Kazakhstan
TWD 9520
20.8%
16
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Latin America
Country 
Net pay
Average tax
Rank
Mexico
TWD 11735
2.4%
1
Brazil
TWD 11119
7.5%
2
Puerto Rico
TWD 11065
8.0%
3
Colombia
TWD 11058
8.0%
4
Ecuador
TWD 10884
9.5%
5
Guatemala
TWD 10867
9.6%
6
Costa Rica
TWD 10758
10.5%
7
Panama
TWD 10698
11.0%
8
Peru
TWD 10518
12.5%
9
Argentina
TWD 9977
17.0%
10
Chile
TWD 9904
17.6%
11
Uruguay
TWD 9844
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
TWD 11900
1.0%
1
Uganda
TWD 11403
5.1%
2
Zambia
TWD 11299
6.0%
3
Morocco
TWD 11210
6.7%
4
Ivory Coast
TWD 11119
7.5%
5
Ghana
TWD 11057
8.0%
6
Senegal
TWD 10939
9.0%
7
Kenya
TWD 10592
11.9%
8
Mozambique
TWD 10185
15.3%
9
Cameroon
TWD 10142
15.6%
10
Nigeria
TWD 9779
18.6%
11
Angola
TWD 9717
19.2%
12
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Middle East
Country 
Net pay
Average tax
Rank
Saudi Arabia
TWD 12020
0.0%
1
United Arab Emirates
TWD 11419
5.0%
2
Qatar
TWD 11419
5.0%
3
Egypt
TWD 11071
7.9%
4
Bahrain
TWD 11059
8.0%
5
Oman
TWD 11058
8.0%
6
Lebanon
TWD 10785
10.3%
7
Kuwait
TWD 10697
11.0%
8
Israel
TWD 10439
13.2%
9
Turkey
TWD 10126
15.8%
10
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NOTE* Withholding is calculated based on the tables of Taiwan, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.