If I want to claim a tax deduction on my rent do I need the landlord to agree to this?
My prospective landlord wants to bump up the rent by NT$1,000/mo if I’m going to claim for a tax deduction. But am I right in thinking that I can claim a deduction by showing: 1) the rental contract; 2) bank remittance slips for rental payments; and 3) a statement by me that the house is for living only?
Be glad to hear from anyone who’s had first had experience of this.
This is from the Taipei National Tax Administration: ntat.gov.tw/county/ntat_ch/n … _2_g12.jsp
f ） Rental Expense
A taxpayer, his/her spouse, and their lineal dependents renting dwellings in the ROC for the family to live (not for business use) may deduct the rental expense from his annual gross income with a limit of not more than NT$120,000; however, no deduction can be claimed if he also claims the Deduction for Interest Paid for a Loan for an Owner Occupied Dwelling. To deduct the rental expense, the following documents must be attached:
i. Copy of lease contract and payment receipt (such as receipt from landlord, ATM receipt or remittance paper)
ii. The certificate of a family member who has registered his residence in the dwelling for the year, or the taxpayer’s written statement to state that the house is for living only.