Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
$ 960
Individual Income Tax
- $ 48
Labour Insurance Program
- $ 22.08
National Health Insurance Program
- $ 14.89
Total tax
- $ 84.97
Net pay
* $ 875
Marginal tax rate
8.9%
Average tax rate
8.9%
91.1%
Net pay
8.9%
Total tax
Total tax
Net pay
The Taxberg
$ 875
Net pay
$ 165
Tax the employer pays
$ 84.97
Tax you pay
Total tax paid
$ 250
Did you know your employer also pays tax on your salary? It costs the employer $ 165 to pay you $ 960. 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 $ 49,920 a year living in Taiwan, you will be taxed $ 4,418. That means that your net pay will be $ 45,502 per year, or $ 3,792 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 49920
0.0%
1
Germany
TWD 49920
0.0%
2
Austria
TWD 49920
0.0%
3
Ireland
TWD 49920
0.0%
4
Norway
TWD 49920
0.0%
5
Sweden
TWD 49716
0.4%
6
Spain
TWD 46750
6.4%
7
Switzerland
TWD 45642
8.6%
8
Italy
TWD 45332
9.2%
9
France
TWD 45078
9.7%
10
Czech Republic
TWD 44429
11.0%
11
Luxembourg
TWD 44404
11.1%
12
Russia
TWD 43430
13.0%
13
Hungary
TWD 40685
18.5%
14
Ukraine
TWD 40186
19.5%
15
Poland
TWD 39199
21.5%
16
Greece
TWD 39013
21.9%
17
Portugal
TWD 37166
25.6%
18
Finland
TWD 34570
30.8%
19
Belgium
TWD 33946
32.0%
20
Denmark
TWD 31620
36.7%
21
Netherlands
TWD 31415
37.1%
22
Romania
TWD 29203
41.5%
23
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North America
Country 
Net pay
Average tax
Rank
Canada
TWD 46253
7.4%
1
USA
TWD 45596
8.7%
2
Asia / Pacific
Country 
Net pay
Average tax
Rank
Australia
TWD 49920
0.0%
1
Singapore
TWD 49920
0.0%
2
Hong Kong
TWD 49920
0.0%
3
Pakistan
TWD 49570
0.7%
4
Thailand
TWD 47424
5.0%
5
Philippines
TWD 46569
6.7%
6
Indonesia
TWD 45767
8.3%
7
Taiwan
TWD 45502
8.9%
8
South Korea
TWD 44584
10.7%
9
New Zealand
TWD 43985
11.9%
10
India
TWD 43930
12.0%
11
Malaysia
TWD 43892
12.1%
12
China
TWD 43338
13.2%
13
Vietnam
TWD 42444
15.0%
14
Japan
TWD 40564
18.7%
15
Kazakhstan
TWD 39537
20.8%
16
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Latin America
Country 
Net pay
Average tax
Rank
Mexico
TWD 48734
2.4%
1
Brazil
TWD 46176
7.5%
2
Puerto Rico
TWD 45952
8.0%
3
Colombia
TWD 45926
8.0%
4
Ecuador
TWD 45203
9.5%
5
Guatemala
TWD 45133
9.6%
6
Costa Rica
TWD 44678
10.5%
7
Panama
TWD 44429
11.0%
8
Peru
TWD 43680
12.5%
9
Argentina
TWD 41434
17.0%
10
Chile
TWD 41134
17.6%
11
Uruguay
TWD 40884
18.1%
12
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Africa
Country 
Net pay
Average tax
Rank
South Africa
TWD 49421
1.0%
1
Zambia
TWD 46925
6.0%
2
Morocco
TWD 46555
6.7%
3
Ivory Coast
TWD 44283
11.3%
4
Kenya
TWD 43606
12.7%
5
Uganda
TWD 42595
14.7%
6
Cameroon
TWD 42119
15.6%
7
Senegal
TWD 42082
15.7%
8
Mozambique
TWD 41729
16.4%
9
Ghana
TWD 40999
17.9%
10
Angola
TWD 39061
21.8%
11
Nigeria
TWD 37465
25.0%
12
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Middle East
Country 
Net pay
Average tax
Rank
Saudi Arabia
TWD 49920
0.0%
1
United Arab Emirates
TWD 47424
5.0%
2
Qatar
TWD 47424
5.0%
3
Bahrain
TWD 45926
8.0%
4
Oman
TWD 45926
8.0%
5
Kuwait
TWD 44429
11.0%
6
Israel
TWD 43355
13.2%
7
Lebanon
TWD 42309
15.3%
8
Turkey
TWD 41068
17.7%
9
Egypt
TWD 40740
18.4%
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.