Reported about 1 year ago
According to the Ministry of Finance statistics, in 2023, there were 698 cases nationwide with inheritance net worth exceeding 100 million NTD, applying the highest tax rate tier of 20%, accounting for less than 6% of the total cases, with an average of nearly 3.12 billion NTD per case based on the total inherited assets of 217.71 billion NTD. The report also indicates that out of 18,840 inheritance tax declaration cases, only 1,104 were taxed cases, representing less than 6%, while the rest were exempted from tax.
Source: YAHOO