Young landlord had to pay NT$1.89 million in supplementary health premiums due to massive real estate holdings

Taiwan News
Date: 2020/12/22
By: George Liao, Taiwan News, Staff Writer

TAIPEI (Taiwan News) — A Taiwanese twentysomething earned nearly NT$100 million (US$3.4 million) from residential real estate rental income last year, according to data from the National Health Insurance Administration (NHIA).

In 2013, the NHIA began to impose a supplementary premium on certain categories of persons for high bonuses, stock dividends, professional fees, interest income, part-time wages, and rental income. The current premium rate is 1.91 percent for people who fall into these categories.    [FULL  STORY]