Living cost allowance that can be deducted from taxes might increase by NT$3,000.
Tax Allowance Update in Taiwan Taipei, CNA—On Friday, August 16th, the Bureau of Budget, Accounting and Statistics (DGBAS) indicated that the annual tax-deductible allowance for basic living expenses could rise to $213,000 (approximately US$7,092) for those filing tax returns in 2026. During the 2024 household income and expenditure survey presentation, DGBAS reported a 1.9% increase […]