Page 304 - TSMC 2019 Annual Report

Balance, Beginning of Year
$ 7,668,535 1,580,979 975,324 604,635
-
$ 10,829,473
$ (169,480) $ 107,803
Other Comprehensive Income
$- - 103,339 -
56,191 $ 159,530
$-
95,421 (59,222)
Year Ended December 31, 2018 Recognized in
Balance, End of Year
$ 11,177,890 2,543,884 1,084,874 723,835
56,191 $ 15,586,674
$ (61,677)
-
(171,607) (233,284)
As of December 31, 2019 and 2018, the aggregate deductible temporary differences for which no deferred income tax assets have been recognized amounted to NT$33,445,504 thousand and NT$20,060,918 thousand, respectively.
e. Unused tax-exemption information
As of December 31, 2019, the profits generated from the following projects of the Company are exempt from income tax for a five-year period:
Tax-exemption Period
Construction and expansion of 2009 2018 to 2022
f. The information of unrecognized deferred income tax liabilities associated with investments
As of December 31, 2019 and 2018, the aggregate taxable temporary differences associated with investments in subsidiaries not recognized as deferred income tax liabilities amounted to NT$131,085,673 thousand and NT$112,893,001 thousand, respectively.
g. Income tax examination
The tax authorities have examined income tax returns of the Company through 2017. All investment tax credit adjustments assessed by the tax authorities have been recognized accordingly.
Deferred income tax assets Temporary differences
Depreciation
Refund liability
Net defined benefit liability Unrealized loss on inventories Investments in equity
instruments at FVTOCI
Deferred income tax liabilities Temporary differences
Unrealized exchange gains Investments in equity
instruments at FVTOCI Others
Profit or Loss
$ 3,509,355 962,905 6,211 119,200
-
$ 4,597,671
(95,421) (37,304)
-
(75,081) 32,722
$
d. The deductible temporary differences for which no deferred income tax assets have been recognized
(302,205)
$
$
36,199
$
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