Taiwan Wealth Tax Guide

Taiwan does not impose a net wealth tax (淨財富稅). There is no annual tax on bank deposits, investments, or personal assets. The closest equivalents are property-related taxes — annual land tax (地價稅), annual housing tax (房屋稅), and the land value increment tax (土地增值稅 20–40%) triggered upon property transfer. All amounts in TWD.

Taiwan is among the many jurisdictions that have never introduced a broad-based net wealth tax. The tax system focuses on income (IIT and corporate tax), consumption (VAT), and property (land, housing, and transfer taxes). For related guidance, see our Property Tax Guide →, Inheritance and Gift Tax Guide →, and Investment Income Guide →.

No Net Wealth Tax

Taiwan has never enacted a comprehensive net wealth tax (淨財富稅). There is no annual tax on total assets (bank deposits, stocks, bonds, mutual funds, jewellery, vehicles, or other personal property).
There have been periodic policy discussions about introducing a wealth tax or increasing property holding costs to address housing affordability and wealth inequality. As of 2026, no concrete legislative proposal has been adopted for a general wealth tax.
The absence of a wealth tax makes Taiwan attractive for high-net-worth individuals, though other taxes (inheritance up to 20%, corporate tax 20%) still apply to wealth transfers and business income.

Land Value Increment Tax (土地增值稅) — 20–40%

While Taiwan has no wealth tax, the land value increment tax (土地增值稅) functions as a wealth-related levy. It is triggered when land is transferred (sold or gifted) and taxes the appreciation in the government-assessed land value since the previous transfer.
Progressive rates:

20% — if the appreciation is less than 100% of the original assessed value
30% — if the appreciation is between 100% and 200% of the original assessed value
40% — if the appreciation exceeds 200% of the original assessed value

Owner-occupied housing: A preferential 10% rate applies for one-time lifetime use on qualifying owner-occupied residential land (自用住宅用地) up to 3 ares in urban areas or 7 ares in non-urban areas.
This tax applies to both sales and gifts of land. It is considered a transfer tax rather than an annual wealth tax, but it captures a portion of land value appreciation for the government.

Annual Property-Related Taxes

Land Tax (地價稅): An annual tax paid by landowners, based on the declared land value. The general rate is progressive from 10‰ to 55‰, with a preferential 2‰ rate for owner-occupied homes. See the Property Tax Guide for full details.
Housing Tax (房屋稅): An annual tax on buildings at 1.2% to 3.6% of assessed value for residential properties. Commercial properties are taxed at 3% to 5%.
Together, the annual land and housing tax burden is relatively low by international standards — typically less than 0.5% of market value for owner-occupied residences, due to conservative government assessments.

Other Wealth-Related Taxes

Securities Transaction Tax (證交稅): 0.3% on stock sales, 0.1% on ETFs. This is a transaction tax, not a wealth tax, but it creates a small frictional cost on investment portfolios.
Inheritance Tax (遺產稅): Up to 20% on estates exceeding TWD 13.33 million. See the Inheritance and Gift Tax Guide.
Gift Tax (贈與稅): Up to 20% on gifts exceeding the TWD 2.44 million annual exemption.
Minimum Tax (AMT): High-income individuals may be subject to AMT at 12%, which can reduce the benefit of certain tax exemptions but does not function as a wealth tax.

International Comparison

Taiwan is in the majority of OECD and Asian jurisdictions that do not levy a net wealth tax. Among Asian economies, only a few (e.g., Japan with a modest municipal wealth tax component on assets above a high threshold) have anything close to a wealth tax.
Compared to European wealth tax countries (Switzerland, Norway, Spain, France's former ISF/IFI), Taiwan's property-related taxes are moderate. The total annual carrying cost of real estate (land tax + housing tax) is typically 0.1–0.3% of market value.
For investment portfolios, the absence of both wealth tax and securities capital gains tax makes Taiwan one of the most tax-friendly jurisdictions for equity investors among developed economies.