Adjustment of Gift Tax Brackets in 2025
The donor is generally the taxpayer of the gift tax. Gift tax is calculated based on the fair market value of the taxable assets on the date of transfer, less exemptions and deductions. For gift events taking place, an exemption of NT$2,440,000 per taxpayer annually is allowed. In addition, gifts such as donations by givers to the government, public schools, non-profit organizations, government-owned shares from public enterprises, religious groups and charitable organizations are exempt from the gift tax.
National Taxation Bureau of the Northern Area, Ministry of Finance, indicated that, as stipulated under Article 12-1 of the Estate and Gift Tax Act, the amounts in each tax bracket will be adjusted starting from the following year each time the consumer price index (CPI) rises more than ten percent(10%) cumulatively since the previous adjustment.
Tax Bureau explains, in cases where the date of gift is after January 1, 2025, the tax brackets and rates of consolidated gift tax are as follows:
| Net taxable gift amount | Tax Rate | Progressive difference |
| less than or equal to NTD 28,110,000 | 10% | 0 |
| 28,110,001~56,210,000 | 15% | 1,405,500 |
| above NTD 56,210,000 | 20% | 4,216,000 |
Gift Tax Payable = (Taxable Gift Amount – Exemption – Deductions) × Tax Rate – Progressive Difference | ||
