Sunshine Acts

Instructions

Asset Declaration by Public Servants

How to submit and accomplish asset declarations as required of public officials:

1. Form filling:The declarer is requested to declare to the National Public Official Property Declaration System（https://pdps.nat.gov.tw/）Or on the website of Sunshine Law of the control Yuan (https://sunshine.cy.gov.tw//Convenience services/Book download).Download Blank Public Official Property Declaration Form.(Please download different declaration forms according to the applicant

2. Time of declaration:Within three months after assumption of office; thereafter within the period between November 1st and December 31st for regular declaration; and within two months after the end of his/her term of office. Declarants may choose a day within the said timeframe after taking office for regular declaration. Declaration upon expiration of term of office, or resignation or separation from office must be submitted as of his/her last day of office.

3. Personal information provided should be identical to the information on the household registration certificate or identification card. Minors are defined as persons under the age of 18. Children at or above the age of 18 are exempt from declaring assets under their names. Foreign residents who have yet obtained a National Identification Card shall provide a residence permit number instead

4. Fill in real estate(Land and Building Information);Please fill in the form of land and building ownership,or go to any land affairs office to fill out the Application Form for Cadastral Master Information that you can collect all real estate information under your name.Regardless of the size of the land and buildings, they should be declared.and should declare the time and reason of acquisition.Those who have acquired within 5 years before the declaration date shall declare the acquisition price.

5. When providing information on private vehicles, vessels, and aircraft, please specify the license number or the engine number. Vehicles owned separately by the declarant, his/her spouse, or underage children, should be declared separately, with the time and method of acquisition specified. Vehicles acquired within five years prior to the day of declaration should also be declared, with the price of purchase specified

6. Fill in cash and deposit information:The cash or deposits of the declarant, spouse and minor children amount to NT$1,000,000,the balance on the reporting (base) date should be filled in the reporting form one by one.Special attention should be paid to time deposits, preferential deposits and trust funds, which should also be declared.Please bring your passbook to the financial institution to log in. If you are not sure which financial institutions you have opened an account with,can apply to the Association of Banks of the Republic of China to provide account opening bank informatio

7. The declarant shall make an itemized declaration of valuable papers under separate names (declarant, spouse, and underage children) with a total value equal to and greater than one million NT dollars. Other valuable papers the declarant bought on margin should also be declared

8. Jewelry, antiques, precious calligraphy and paintings, and other valuable assets with separate values equal or greater to 200,000 NT dollars should be declared. Copyrights, gold bars, and structured financial products owned by the declarant his/her spouse or underage children should also be declared as assets

9. Insurance” refers to insurance policies for “savings-type life insurance,” “investment-type life insurance,” and “annuity insurance,” all of which should be declared when the insured party is the declarant, his/her spouse, or underage children, regardless of the amount of premium paid. In the event that the declarant has multiple insurance policies issued by a single company covering the same insurable interest, the total number of policies should be specified in the “Notes” column or declared item by item

10. Credit and liabilities owned by the declarant, his/her spouse, and underage children with separate values equal or greater to one million NT dollars should be declared. Please obtain the account balance of the said credit and liabilities from a relevant financial institution and specify the amount in the declaration form. The date and means of acquisition should also be specified. Credits assigned to an asset management company by the said financial institution should also be declared as private assets

11. The date and means of acquisition for real and nominal investments under separate names (namely the declarant, his/her spouse, and underage children) with a total value equal to or greater than one million NT dollars each should be declared

12. Please specify by writing in the “Notes” column any properties/assets owned by the declarant, his/her spouse and underage children to which the above categories do not apply, or any other statements deemed necessary

13. Please double check if all assets required under the provisions of the Act on Asset Declaration by Public Servants have been included and that all required fields are filled. Any additions, deletion, or correction should be accompanied by a personal seal. Please authenticate the form by signing or stamping a personal seal on the space next to “Declarant” on the final page. The declaration may personally delivered or mailed by post to the Control Yuan addressed to the Department of Asset Declaration by Public Servants