Job Discussion Forums

[JZer]

Here is what the website really says:

Personal Exemption Taxpayer, Spouse and Dependent: 82,000 (per person)
Lineal Ascendant who is over 70 years old: 123,000 (per person)
Standard Deduction Single: 76,000
Married couple: 152,000
Special Deduction for Salary or Wages* 104,000 (per earner)


82,000+104,000+76,000=262000+120000=382000

Not to mention that you can get an extra 120,000 deduction for showing your lease agreement.

80,000 a month time 12 months=960,000NT-382000=578000 taxable income-69360=74220 a month $2512 a month.

I said that you have around $2820. I was doing a rough calculation in my head.

[yamahuh]

OK I admit - I obviously didn't read it closely enough and your guesstimation turned out to be pretty close to the mark

Don't know what it is about your posts that sets me off but there's something about them (smug / self important / boastful?) that is like a red rag to a bull for me. I told myself I wouldn't argue with you but ....

Perhaps I might suggest that in future you support your claims with some references / supporting documentation or some breakdowns that explain the process rather than making statements that seem far fetched at best and like bold faced lies at worst.

Sure - you can make $80K if you want to teach in excess of 30 hours week in and week out. Sure - your total tax paid might be only 6% tax after you have initially paid 18% for 6 months - and (possibly) 12% for the remaining 6 months - and filed your claim the following Spring - and waited a few months for your return...

However, to suggest that you will have around $2820 (US I'm assuming) after tax, from $NT80K earned is misleading and makes people believe that this would be in their pocket month after month if they were to earn that much. It won't. That is my issue with your posts. They paint an easily misinterpreted picture and provide little to no detail of the process, or the hoops that must be jumped through, to achieve the silver lined nirvana that is your Taiwan.

I'll admit your tax exemptions and deduction numbers work even though your math for calculating the 6% final paid tax was very - let's say - 'optimistic'. You might think about how your information appears to someone who is looking for advice/information.

I'd hate to be the person showing up here, expecting to waltz into an easy to find, $NT80K per month gig, paying negligible tax only to get smacked with an 18% deduction on their (average) $NT55 - $NT60K wage that they had to pound the streets for and are teaching split shifts to get.

[louis.p]

[yamahuh]

DAMN that's a ton o loot!
You should have sent your tax return to JZ'er he would have saved you a bunch of money - while educating you about everything under the sun...

[JZer]

[JZer]

[JZer]

[yamahuh]

You're preaching to an empty auditorium.