Accountant: overseas through corporate income tax tax remitted back peace.
[Economic Daily News Wubi E / Taipei]
Lessons from overseas this year, the lowest income tax burden, unfavorable foreign capital back to Taiwan. Accountant believes that the majority of people to circumvent minimum tax, in time to send your money back before the end of the year; however, if too late to repatriate funds, as long as the name of the foreign corporation through, back to Taiwan to buy stocks or mansion is not a problem.
KEDP GROUP CPA Accountants Lvxu Ming pointed out that overseas income tax began to incorporate minimum tax this year, but that the funds remitted back to Taiwan, just do not use his own name, like do not worry about the tax issue. If you want to invest in the stock market, the most common approach is to use the name of the foreign corporation, after opening an account through a broker to buy shares in Taiwan; there are a lot of people to repatriate funds to buy the mansion, you can also set up branches in Taiwan by foreign companies, reinvestment real estate.
Lvxu Ming explained that foreign companies set up branches in Taiwan, provided they pay 20% business income tax, if the future profits remitted abroad to buy the mansion, they do not have to be withheld 20 percent.
He suggested that high asset to exploit overseas funds back to Taiwan investment, most will choose to set up companies in Hong Kong or Singapore, because the company is located in BVI or Samoa, will make people think it is to see the paper company. To use the name of the foreign corporation to repatriate funds can be directly located in Hong Kong, to return to Taiwan investment, tax agencies is difficult to trace. As for the cost of maintaining, setting up a company in Hong Kong, cost about 100,000 yuan, the cost of maintaining almost 100,000 yuan each year, many rich people feel very "cost effective."
Lvxu Ming reminder, there is an assumption in the past in overseas deposits $ 1,000,000, after the expiration of the end of January this year, decided to surrender to repatriate Taiwan, since this year began taxable income overseas, so in January this year during the period of interest is likely to be taxable; If you buy the fund, stocks or real estate abroad, until this year punishment will be to foreign capital gains tax.
