<DOCUMENT>
<TYPE>EX-99.77B ACCT LTTR
<SEQUENCE>3
<FILENAME>nsara.txt
<DESCRIPTION>OPINION
<TEXT>
Independent Auditors Report



The Board of Directors and Shareholders
The Taiwan Fund, Inc.:

In planning and performing our audit of the financial statements of
The Taiwan Fund, Inc. for the year ended August 31, 2003, we considered
its internal control, including control activities for safeguarding
securities, in order to determine our auditing procedures for the purpose
of expressing our opinion on the financial statements and to comply with
the requirements of Form N-SAR, not to provide assurance on internal control.

The management of The Taiwan Fund, Inc. is responsible for establishing
and maintaining internal control.  In fulfilling this responsibility, estimates
and judgments by management are required to assess the expected benefits and
related costs of controls.  Generally, controls that are relevant to an audit
pertain to the entitys objective of preparing financial statements for
external purposes that are fairly presented in conformity with
accounting principles generally accepted in the United States of America.
Those controls include the safeguarding of assets against unauthorized
acquisition, use or disposition.

Because of inherent limitations in internal control, errors or fraud
may occur and not be detected.  Also, projection of any evaluation of
internal control to future periods is subject to the risks that it may
become inadequate because of changes in conditions or that the effectiveness
of the design and operation may deteriorate.

Our consideration of internal control would not necessarily disclose
all matters in internal control that might be material weaknesses under
standards established by the American Institute of Certified Public
Accountants.  A material weakness is a condition in which the design or
operation of one or more of the internal control components does not reduce
to a relatively low level the risk that misstatements caused by error or
fraud in amounts that would be material in relation to the financial
statements being audited may occur and not be detected within a timely
period by employees in the normal course of performing their assigned
functions.  However, we noted no matters involving internal control and
its operation, including controls for safeguarding securities, that we
consider to be material weaknesses as defined above as of August 31, 2003.

This report is intended solely for the information and use of management
and the Board of Directors of The Taiwan Fund, Inc. and the Securities
and Exchange Commission and is not intended to be and should not be used
by anyone other than these specified parties.


Boston, Massachusetts
October 3, 2003












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