Income tax calculator Taiwan
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
$ 24,144
Individual Income Tax
- $ 1,207
Labour Insurance Program
- $ 555
National Health Insurance Program
- $ 374
Total tax
- $ 2,137
Net pay
*
$ 22,007
Marginal tax rate
8.9%
Average tax rate
8.9%
91.1%
Net pay
8.9%
Total tax
Total tax
Net pay
The Taxberg
$ 22,007
Net pay
$ 4,141
Tax the employer pays
$ 2,137
Tax you pay
Total tax paid
$ 6,278
Did you know your employer also pays tax on your salary? It costs the employer $ 4,141 to pay you $ 24,144. 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.
Summary
If you make $ 24,144 a year living in Taiwan, you will be taxed $ 2,137. That means that your net pay will be $ 22,007 per year, or $ 1,834 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.
Compare average tax
Europe
Country
Net pay
Average tax
Rank
United Kingdom
TWD 24144
0.0%
1
Germany
TWD 24144
0.0%
2
Austria
TWD 24144
0.0%
3
Ireland
TWD 24144
0.0%
4
Sweden
TWD 24144
0.0%
5
Norway
TWD 24144
0.0%
6
Spain
TWD 22611
6.4%
7
Italy
TWD 21925
9.2%
8
France
TWD 21802
9.7%
9
Switzerland
TWD 21618
10.5%
10
Czech Republic
TWD 21488
11.0%
11
Luxembourg
TWD 21476
11.1%
12
Russia
TWD 21005
13.0%
13
Hungary
TWD 19677
18.5%
14
Ukraine
TWD 19436
19.5%
15
Poland
TWD 18959
21.5%
16
Greece
TWD 18869
21.9%
17
Portugal
TWD 17975
25.6%
18
Finland
TWD 16720
30.8%
19
Belgium
TWD 16418
32.0%
20
Netherlands
TWD 15194
37.1%
21
Denmark
TWD 14279
40.9%
22
Romania
TWD 14124
41.5%
23
Show more
North America
Country
Net pay
Average tax
Rank
Canada
TWD 23673
2.0%
1
USA
TWD 22053
8.7%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
TWD 24144
0.0%
1
Singapore
TWD 24144
0.0%
2
Hong Kong
TWD 24144
0.0%
3
Pakistan
TWD 23794
1.5%
4
Thailand
TWD 22937
5.0%
5
Indonesia
TWD 22029
8.8%
6
Taiwan
TWD 22007
8.9%
7
Philippines
TWD 21918
9.2%
8
South Korea
TWD 21563
10.7%
9
New Zealand
TWD 21273
11.9%
10
India
TWD 21247
12.0%
11
Malaysia
TWD 21147
12.4%
12
China
TWD 20961
13.2%
13
Vietnam
TWD 20528
15.0%
14
Japan
TWD 19619
18.7%
15
Kazakhstan
TWD 19122
20.8%
16
Show more
Latin America
Country
Net pay
Average tax
Rank
Mexico
TWD 23571
2.4%
1
Brazil
TWD 22333
7.5%
2
Puerto Rico
TWD 22224
8.0%
3
Colombia
TWD 22212
8.0%
4
Ecuador
TWD 21862
9.5%
5
Guatemala
TWD 21829
9.6%
6
Costa Rica
TWD 21609
10.5%
7
Panama
TWD 21488
11.0%
8
Peru
TWD 21126
12.5%
9
Argentina
TWD 20040
17.0%
10
Chile
TWD 19895
17.6%
11
Uruguay
TWD 19774
18.1%
12
Show more
Africa
Country
Net pay
Average tax
Rank
South Africa
TWD 23903
1.0%
1
Uganda
TWD 22826
5.5%
2
Zambia
TWD 22695
6.0%
3
Morocco
TWD 22517
6.7%
4
Ivory Coast
TWD 22298
7.7%
5
Senegal
TWD 21835
9.6%
6
Kenya
TWD 21054
12.8%
7
Ghana
TWD 20903
13.4%
8
Mozambique
TWD 20593
14.7%
9
Cameroon
TWD 20371
15.6%
10
Angola
TWD 19184
20.5%
11
Nigeria
TWD 19011
21.3%
12
Show more
Middle East
Country
Net pay
Average tax
Rank
Saudi Arabia
TWD 24144
0.0%
1
United Arab Emirates
TWD 22937
5.0%
2
Qatar
TWD 22937
5.0%
3
Bahrain
TWD 22212
8.0%
4
Oman
TWD 22212
8.0%
5
Kuwait
TWD 21488
11.0%
6
Lebanon
TWD 21270
11.9%
7
Egypt
TWD 21072
12.7%
8
Israel
TWD 20969
13.2%
9
Turkey
TWD 20339
15.8%
10
Show more
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.