Japan: Tax agreement signed with Taiwan

Tax agreement between Japan and Taiwan

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.

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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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