<SEC-DOCUMENT>0001144204-11-051796.txt : 20110908
<SEC-HEADER>0001144204-11-051796.hdr.sgml : 20110908
<ACCEPTANCE-DATETIME>20110908134851
ACCESSION NUMBER:		0001144204-11-051796
CONFORMED SUBMISSION TYPE:	5
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20110831
FILED AS OF DATE:		20110908
DATE AS OF CHANGE:		20110908

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			RUFFLE CHRIS
		CENTRAL INDEX KEY:			0001450958

	FILING VALUES:
		FORM TYPE:		5
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-04893
		FILM NUMBER:		111080470

	MAIL ADDRESS:	
		STREET 1:		HEARTLAND(ICC), CITIGROUP TOWER, 16TH FL
		STREET 2:		NO 33 HUA YUAN SHI QIAO RD, PUDONG DISTR
		CITY:			SHANGHAI
		STATE:			F4
		ZIP:			200120

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TAIWAN FUND INC
		CENTRAL INDEX KEY:			0000804123
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				042942862
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0831

	BUSINESS ADDRESS:	
		STREET 1:		TWO AVENUE DE LAFAYETTE
		STREET 2:		PO BOX 5049 (02206-5049)
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02111
		BUSINESS PHONE:		6176622789

	MAIL ADDRESS:	
		STREET 1:		TWO AVENUE DE LAFAYETTE
		STREET 2:		PO BOX 5049 (02206-5049)
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02111
</SEC-HEADER>
<DOCUMENT>
<TYPE>5
<SEQUENCE>1
<FILENAME>v234380_form5.xml
<DESCRIPTION>OWNERSHIP DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0304</schemaVersion>

    <documentType>5</documentType>

    <periodOfReport>2011-08-31</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <form3HoldingsReported>0</form3HoldingsReported>

    <form4TransactionsReported>0</form4TransactionsReported>

    <issuer>
        <issuerCik>0000804123</issuerCik>
        <issuerName>TAIWAN FUND INC</issuerName>
        <issuerTradingSymbol>TWN</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001450958</rptOwnerCik>
            <rptOwnerName>RUFFLE CHRIS</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>HEARTLAND(ICC), CITIGROUP TOWER, 16TH FL</rptOwnerStreet1>
            <rptOwnerStreet2>NO 33 HUA YUAN SHI QIAO RD, PUDONG DISTR</rptOwnerStreet2>
            <rptOwnerCity>SHANGHAI</rptOwnerCity>
            <rptOwnerState>F4</rptOwnerState>
            <rptOwnerZipCode>200120</rptOwnerZipCode>
            <rptOwnerStateDescription>CHINA</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Vice President</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>The Taiwan Fund, Inc.</value>
            </securityTitle>
            <transactionCoding></transactionCoding>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>76350</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Chris Ruffle is joint owner of Heartland Capital Management Limited (&quot;HCML&quot;). Martin Currie Ltd have established MC China Ltd (&quot;MCCL&quot;) as a joint venture company to provide investment management or investment advisory services to the range of China investment products managed by Martin Currie Inc. MCCL has appointed Martin Currie Investment Management Ltd (&quot;MCIM&quot;), or its affiliates, as investment manager of Martin Currie Inc's China investment products. HCML has seconded affiliates of MCIM, or its affiliates, on a full-time basis with the same roles and responsibilities as full-time employees, including the duties of portfolio management for The China Fund, Inc. Chris Ruffle is formerly a portfolio manager of The China Fund, Inc.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Chris Ruffle</signatureName>
        <signatureDate>2011-07-30</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
