Taiwanese individuals who invest in overseas financial products or real estate must file an Alternative Minimum Tax (AMT) return if their total annual foreign-source income exceeds TWD1,000,000 and their basic income surpasses the exemption threshold (TWD 7,500,000 for the 2024 tax year). It is important to note that different types of income, such as capital gains and interest, are categorized seperately and cannot be aggregated for tax calculation purposes. Taiwan’s comprehensive income is categorized into ten types (1) profit-seeking income, (2) income from professional practice, (3) salary and wage income, (4) interest income, (5) rental and royalty income, (6) income from self-operated farming, fishing, animal husbandry, forestry, and mining, (7) capital gains, (8) prizes or awards from contests, competitions, and games of chanes, (9)retirement income, (10) other income. For example: Mr. B filed his Individual Income Tax Return for 2023 and reported foreign-source income of TWD 6,200,000, […]