Taiwan’s financial regulator is in talks with the government to provide tax breaks in the Taiwan Individual Savings Account or TISA.
Peng Jin-lung, chairman of the Financial Supervisory Commission (FSC), said the regulator has been discussing the matter with the finance ministry.
“We are evaluating various options, such as adjusting standard deductions [of TISA contributions from income] or establishing special deduction mechanisms, but no specific plan or timeline has been finalised yet,” he said in response to questions during a session of the Executive Yuan Council, Taiwan’s executive body, on April 28.
“We hope that the tax incentives will be available to all citizens, regardless of occupation, thereby broadening the scope and enabling the public to fully benefit from the improved TISA system,” he added.
Launched in June 2025, the TISA scheme takes a leaf from Japan’s Nippon Individual Savings Account by providing low-cost investment options to encourage the Taiwanese to build their retirement savings.
There are now 130,000 TISA accounts with a total of NT$14.2 billion (US$449.6 million) of assets.
