Is Taiwan a global tax? Is my income in Hong Kong (including overseas rental properties) taxable in Taiwan?

Taiwan originally only taxed residents' personal income within Taiwan, but since 2010, it has changed to global income as the basis for personal taxation. Taiwan will also implement the Common Reporting Standard (CRS) in 2019.

Taiwan residents who earn overseas (for example, Hong Kong) earn less than NT $ 1 million and are not subject to tax. If the overseas income exceeds NT $ 1 million, plus the income in Taiwan, and the total income exceeds NT $ 6.7 million, you must declare and pay overseas income. The tax amount is the total income minus the tax-exempt amount of 6.7 million and multiplied by 20%.

After obtaining Taiwan status, overseas income will not be taxed as long as he has not lived in Taiwan one day in the current year. In addition, during the period of stay in Taiwan with a residence permit, if you have lived in Taiwan for more than 183 days in the current year, you need to declare overseas income