Taiwan Stock Exchange - Rules & Regulations Directory
Article NO. Content
Where the earnings that a securities firm generates as a result of keeping custody of and investing funds on behalf of customers are classed as customer income, the securities firm shall withhold taxes and issue withholding statements for the customers as taxpayers pursuant to the Income Tax Act and relevant regulations.
A securities firm keeping custody of and investing funds on behalf of a customer may collect a management fee from the customer at a rate stipulated between the securities firm and the customer.
The preceding article shall apply mutatis mutandis to transfers of funds that the securities firm returns to customers after deducting withholding tax and management fees as provided by the preceding two paragraphs.