View Single Post
Old Wed 19-Sep-07, 10:53 PM   #2 (permalink)
gfell
Administrator
 
gfell's Avatar
 
Join Date: May 2005
Nationality: American
Occupation: Teacher
Location:
Posts: 654
gfell has disabled reputation
Re: Is tax free overseas really tax free?

I'm sure you know of Paul Clitheroe from Australia's Money Magazine. One phrase he often says is, "If it's too good to be true, then it probably is."

You will have to pay tax in Taiwan, and if you don't, then the ATO will deduct the tax for themselves. It's either you pay the tax to the Taiwanese government, or pay it to the Australian government.

There are 2 tax categories in Taiwan.

* Category A : 0 ~ 183 days - You must pay 20% tax on your income. No deductions can be claimed.
* Category B : 184 days or more - You will be taxed according to the following progressive scale.

See http://www.aacircle.com.au/teach-in-taiwan.htm for full information on the tax system.
__________________
** English Teacher and Student Site **
Teach English and Study Abroad!

Teaching Community at Teacher Forums
ESL Teacher and Student Directory!
gfell is offline   Reply With Quote