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2018 Revenues and Operating Profits mostly came from domestic market, which were accounted for over 97%. The Group was exempt from income tax under the conditions that they received dividends by investing in other domestic profit-seeking businesses, and they were eligible for investment tax credit. Otherwise, the Group paid profit-seeking enterprise income tax pursuant to statutory rate of 20% and 17% in 2018 and 2017, respectively. All income taxes were paid to the government of the Republic of China by the group.
Currency: In thousands of New Taiwan dollars
|Financial Reporting||FY 2017||FY 2018||Calculated Average|
|Earnings before Tax||17,631,283||17,689,217|
|Cash Taxes Paid||3,855,943||2,667,261|
|Reported Tax Rate (in %) Note 1||15.2144%||18.1096%||16.6644%|
|Cash Tax Rate (in %) Note 2||21.8699%||15.0785%||18.4686%|
- Note 1
- Note 2