Can anyone help to answer these tax questions??

scoobymonsterr

Member

Member since 14 December 2009

Greensboro

scoobymonsterr

14 December 2009 17:52:03

scoobymonsterr

14 December 2009 17:52:03

Greensboro

Hello expats,

I will relocate from US to Taiwan for my company. I would like to know...generally, what is appropriate for a company to be liable for when it comes to assiting employee with taxes? Should the company take care of taxes in Taiwan while the expat is responsible for his/her own taxes in U.S.? What is better for the employee? You do not have to be US-Taiwan expat. It will be great if you can share your experience. I am fresh and really need some advice from you guys.

Thanks,

HP

PlamenaValcheva

Member

Member since 26 August 2009

PlamenaValcheva

18 December 2009 10:36:33

PlamenaValcheva

18 December 2009 10:36:33

Hi, the company will take care of your taxes if you are registered worker. Othwerwise you should pay your own taxes as self employed.
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Plami

yawenchang

Member

Member since 07 January 2010

NYC

yawenchang

29 April 2010 20:15:13

yawenchang

29 April 2010 20:15:13

NYC

If company pays local tax on your behalf, the amount of tax paid would be treated as additional gross income to you for both US and Taiwan income tax purposes.

Check out the below link for US taxation and publication 54 (from page 11) http://www.irs.gov/pub/irs-pdf/p54.pdf

You may be able to exclude up to USD 91,400 for your foreign earned income in calculating US tax liability, if qualified. Also, for every tax dolloar you paid as an income tax to a foreign government, you are entitled to a foreign tax credit which can be used to offset a dollar for a dollar for your US tax liability. This prevents double taxation in dual-jurisdictions.

Check out the below link for taxation for foreigners in Taiwan.
http://iff.immigration.gov.tw/enfront/l … 52&tr_id=7

Best luck

Yawen

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