The National Taxation Bureau of the Northern Area (NTBNA), Ministry of Finance, indicates that, where dividends are distributed by a company to an individual not residing in the Republic of China or profit-seeking enterprise having its head office outside the Republic of China, the tax withholder involved shall withhold a tax payable at the time of payment of income according to the prescribed withholding rates or withholding regulations, and pay the tax withheld in accordance with the provisions of Article 92 of the Income Tax Act.
     In addition, the NTBNA explains that, in cases where an individual not residing in the Republic of China or a profit-seeking enterprise without fixed place of business in the Republic of China is the recipient of the aforementioned dividends, the tax withholder shall make payment to the national treasury of all the taxes withheld, file the withholding tax statements, and issue them to the taxpayer concerned after submitting them to the competent tax authority for verification within ten days from the date of withholding. In the case that three national holidays occur in succession within ten days from the date of withholding, the period for the payment of all the taxes withheld, submission, and issuance of the withholding tax statements shall be extended for 5 days.
     The Bureau would like to remind taxpayers that if they have any questions, they are welcome to visit the official website at https://www.ntbna.gov.tw for relevant regulations or call the toll-free service number 0800-000321.

〔Contact person: Ms. Chung, Section Head of Individual Income, Estate and Gift Tax Division; Tel: (03)3396789, ext. 1420〕