Page 296 - 2017 TSMC Annual Report

e. Unused tax-exemption information
As of December 31, 2017, the profits generated from the following projects of the Company are exempt from income tax for a five-year period:
Construction and expansion of 2007 Construction and expansion of 2008 Construction and expansion of 2009
Tax-exemption Period
2014 to 2018 2015 to 2019 2018 to 2022
f. The information of unrecognized deferred income tax liabilities associated with investments
As of December 31, 2017 and 2016, the aggregate taxable temporary differences associated with investments in subsidiaries not recognized as deferred income tax liabilities amounted to NT$95,003,344 thousand and NT$83,181,401 thousand, respectively.
g. Integrated income tax information
Balance of the Imputation
Credit Account $ 114,264,283
$ 82,072,562
December 31,
2017 2016
December 31,
The estimated and actual creditable ratio for distribution of the Company’s earnings of 2017 and 2016 were 14.69% and 13.90%, respectively; while the creditable ratio for individual shareholders residing in the R.O.C. is half of the original creditable ratio according to the R.O.C. Income Tax Law. However, effective from January 1, 2018, integrated income tax system were abrogated and imputation credit account is no longer applicable based on amended R.O.C. Income Tax Law in January 2018.
All earnings generated prior to December 31, 1997 have been appropriated. h. Income tax examination
The tax authorities have examined income tax returns of the Company through 2014. All investment tax credit adjustments assessed by the tax authorities have been recognized accordingly.
28. EARNINGS PER SHARE
Years Ended December 31
Basic EPS $13.23 Diluted EPS $13.23
2017
2016
$12.89 $12.89
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