Individual Transfers of Shares are Required to File Income with Property Transactions
For individual transfer shares, individuals shall file income from property transactions with actual selling amount . The transaction is not income from securities transactions.
Share Transfers shall file when :
- A Limited company shareholder transfers the share
- A Company Limited without public share shareholder transfers the share
- A Company Limited share without certified based on article 162, Company Act shareholder transfers the share
For example, A purchase one company’s share in price NTD7.8 million, and sell later in price NTD24 million, A should file property transaction income of NTD16.2 million on the year he sold.
