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How to remit the money from selling the house back to Taiwan Province Province?
Can be remitted back to Taiwan Province Province,
Remittance of foreign exchange from the sale of houses in the mainland,
1. Provide the tax payment certificate after selling the house.
2. Go to the local tax authorities for filing.
3. Domestic banks shall purchase foreign exchange from overseas.
It should be noted that if you remit money directly from the mainland to Taiwan Province Province, you need to pay up to 40% comprehensive income tax in Taiwan Province.
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