Summary
If you make <b>$ 4,500,000</b> a year living in <b>Taiwan</b>, you will be taxed <b> $ 1,011,429</b>. That means that your net pay will be <b>$ 3,488,571</b> per year, or <b>$ 290,714</b> per month. Your average tax rate is <b>22.5%</b> and your marginal tax rate is <b>38.6%</b>. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of <b>$ 100</b> in your salary will be taxed <b>$ 38.64</b>, hence, your net pay will only increase by <b>$ 61.36</b>.
Bonus Example
A <b>$ 1,000</b> bonus will generate an extra <b>$ 614</b> of net incomes. A <b>$ 5,000</b> bonus will generate an extra <b>$ 3,068</b> of net incomes.