Focus Taiwan only reports half the story. Although TSMC paid the - TopicsExpress

Focus Taiwan only reports half the story. Although TSMC paid the most tax, NT$13 billion, out of its profit NT$166.16 billion. A simple calculation shows that TSMC effective tax rates in 2012 is only a pathetic 7.8%, which is much lower than the rate an average Taiwanese will pay. Challenge to a Taiwanese citizen is how to found a company such that one can make most of expenses through the company such that he/she can pay minimum tax. It is legally correct, but fails morally. focustaiwan.tw/news/aall/201306180042.aspx

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