FINI Tax Alert | Apply for Taiwan Tax Treaty Rate Pre-Approval Before every February 28!
If you’re a foreign institutional investor (FINI) earning dividends or interest from Taiwan-sourced investments, you may be eligible to apply for pre-approval to enjoy the preferential withholding tax rates under Taiwan’s tax treaties.
Why Apply for Pre-Approval?
Avoid the hassle and cost of post-payment tax refund applications
Improve cash flow by applying the reduced rate directly at withholding
Minimize tax compliance risks and time delays
Application Deadline:
To ensure timely processing before dividend or interest payments, FINIs should submit their application by February 28 each year. This allows the Taiwan Tax Authority to issue the approval letter by March 31 — in time for Q1 or semi-annual distributions.
For Fund or Trust-Structured FINIs:
The tax authority allows a self-declaration of beneficial ownership in lieu of a full beneficiary list or individual residency proofs, unless otherwise required by treaty. A key simplification for fund vehicles.
Extended Validity Period:
If your FINI was approved in the past 3 years and continues to invest in Taiwan, you may qualify for a validity extension of up to 24 months under streamlined review procedures.
Application Forms & Details:
Visit the NTBT website’s Tax Treaty Application Page for the latest forms and submission instructions, or simply just contact LY!
Questions or need support?
Our firm specializes in assisting foreign asset managers and financial institutions with Taiwan tax compliance and treaty applications.
Contact LY CPA Firm today for seamless support and timely approvals.
Official news website: https://www.ntbt.gov.tw/……/41ae3594197f4f69b47753c……
