Housing Act Article 23

Competent authorities may provide incentives to encourage house rental services providers to provide social housing specified in Subparagraph 5 or 6 of Paragraph 1 and Subparagraph 4 of Paragraph 2 of Article 19.For house owners who lease their house to the competent authority or house rental service provider for sublease and management in accordance with Subparagraph 5 or 6 of Paragraph 1 or Subparagraph 4 of Paragraph 2 of Article 19, or have a house rental service provider provide matchmaking and management services to use the space for housing, long-term care services, services for the disabled, child-care services, or nursery, income tax on their rental income may be reduced according to the following conditions:1. Rental income is exempt from income tax, but limited to NT$15,000 per house each month.2. If the house owner cannot produce evidence of necessary loss and expenses for tax deduction, income tax on rental income shall be calculated at 60% of the rental income.Tax preference for rental income in the preceding paragraph shall be limited to five years.The Executive Yuan may extend the tax preference period based on the actual situation six months before the period expires.The lease contract data signed by the owner of the house in accordance with the second paragraph may be used for tax reduction or exemption in the same item but shall not be used as a basis for examining the rental income of the owner of the house.