Associations in Japan and Taiwan on 26 November 2015 signed an agreement for the avoidance of double taxation. Japan has maintained its relationship with Taiwan on a non-governmental, working-level basis; hence, the tax agreement was signed not by government officials but by the associations.
The tax agreement provides for a withholding tax rate of 10% on payments of dividends, interest, and royalties. The agreement also includes rules for the tax treatment of business profits, international transportation, capital gains, and workers under a short-term visitor exemption.
For the agreement to enter into force, the associations will notify each other in writing once their respective procedures have been completed.
Read a November 2015 report [PDF 291 KB] prepared by the KPMG member firm in Japan: Japan-Taiwan Tax Agreement - Signed
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