Taipei / Comprehensive Report As the tax filing season in May approaches, many citizens are shocked to find that their tax bills have dramatically increased. Even though they live in the same building, differing tax rates for 'residential' and 'non-residential' properties have led to a surge in tax amounts.

The Taipei City Tax Authority explained that this is the first year of the new system, and there have been errors in the system settings. They are currently in the process of modifying their systems and recalculating the due amounts. Corrected tax bills will be issued to taxpayers in the near future.

One resident noted that they previously paid just over NT$1,000 last year for their one residential property, but this year they are being billed over NT$7,000 under the 'non-residential' category, leading to confusion about the drastic change. The Tax Authority has reassured citizens that they are addressing the calculation errors. Experts warn that those holding three or more properties could face a maximum tax rate of 4.8% and should consider registering properties under family members' names.

The Taipei City Tax Authority promises to rectify the system errors and protect taxpayer rights. Those who have not received their corrected tax bills may apply for refunds, and those waiting for new bills will receive a one-month extension for tax payments.