Income tax on selling share of companies that do not issue stocks Estate Tax and Life Insurance
Aug 12

The Specifically Selected Goods and Services Tax (Luxury Tax) is only imposed on high-priced new cars. For used car dealers selling high-priced used cars, if the car price is not over 3 million NTD, it is not under the scope of luxury tax.

Luxury tax is imposed only on domestic and imported items valued over 3 million NTD, and the items are only taxed once. There will not be any more luxury tax when the high-priced items are later sold.

written by Good Earth


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