"I'd like to thank everyone at the Newcastle Jets, including the players, staff and fans for their fantastic support over the past couple of seasons," Taggart said in a statement on Jets' website.
"I've had two really enjoyable years at the Jets and for that reason I will always hold the Club and City of Newcastle close to my heart.
"I'm looking forward to starting a new chapter in my career with Fulham and working hard to take my game to another level."
Fulham were relegated from the Premier League after finishing 19th last season.
(Writing by Sudipto Ganguly; Editing by John O'Brien)
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