In Taiwan, people aged 80 and over gifted assets worth NT$86.9 billion — Taipei Times
In Taiwan in 2025, people aged 80 and over gifted assets with a total value of NT$86.9 billion (US$2.73 billion). This accounted for more than one-third of the total value of gifted assets in the country, according to Ministry of Finance data reported by the Taipei Times.
Overall, about 23,000 taxable gift cases were registered in the country last year. In 6,026 of them, the donors were at least 80 years old, accounting for 26.24% of all such cases. The total value of assets gifted in Taiwan amounted to NT$260.6 billion, slightly less than NT$281 billion in 2024.
Gifting among older age groups
Among people aged 75 to 79, 3,189 taxable gift cases worth NT$46.8 billion were recorded. There were 3,955 cases worth NT$40.3 billion in the 70–74 age group, while among people aged 65–69 there were 3,193 cases, with the value of assets reaching NT$33.4 billion.
According to the Ministry of the Interior, average life expectancy in Taiwan rose by 0.5 years last year to 81.27 years. Tseng Ching-te, a research manager at Sinyi Realty Inc, suggested that longer life expectancy may have extended the period during which older people distribute assets among family members.
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Taiwan's annual gift tax exemption is limited to NT$2.44 million per person. A donor may transfer assets to any number of recipients without paying this tax, provided that the total value of the gifts does not exceed the established limit.
Inheritance renunciations
Separately, more than 91,300 people in Taiwan renounced their right to inheritance last year, the second-highest figure in nine years. The number of such renunciations exceeded 90,000 for three consecutive years, while the record was registered in 2023, at nearly 92,300 cases.
Huang Shu-wei, director of occupier services at Colliers International, said the most common reason for renunciation is that the deceased's debts exceed the value of their assets. People with substantial personal debts may also renounce inheritance so that inherited property does not become subject to compulsory collection by creditors.
Since 2017, women have consistently renounced inheritance more often than men, although the gender gap has narrowed. Last year, it was the smallest in nine years, at 9.2 percentage points. The Ministry of the Interior also estimated the value of unclaimed inherited land at NT$99.2 billion: more than 72,000 land plots covering about 3,400 hectares remained without completed inheritance registration.
