Asus 2009 Annual Report Download - page 183

179
ASUSTeK COMPUTER INC. AND SUBSIDIARIES
Notes to Financial Statements
(Continued)
2009/1/1~12/31 2008/1/1~12/31
Current income tax expense $ 4,189,500 7,531,672
The 10% additional income tax on unappropriated
earnings 812,256 1,081,881
Investment tax credits (1,022,393) (1,255,772)
3,979,363 7,357,781
Deferred income tax expense (benefit):
Decrease (increase) in inventory valuation loss 335,108 (733,118)
Deferred tax effect resulting from change in income
tax rate (177,686) -
Increase in investment tax credits (1,110,144) (603,946)
Decrease (increase) in unrealized accrued expense 216,284 (522,396)
Others (202,300) 113,587
(938,738) (1,745,873)
Income tax expense $ 3,040,625 5,611,908
C. The income tax computed on pre-tax financial income at the statutory rate was reconciled with
the income tax expense for the years ended December 31, 2009 and 2008, as follows:
2009/1/1~12/31 2008/1/1~12/31
Income tax calculated on pre-tax financial income $ 4,824,030 6,134,200
The 10% additional income tax on unappropriated
earnings 812,256 1,081,881
Investment tax credits (1,022,393) (1,255,772)
The amount of basic income tax in excess of the
regular income tax 34,936 1,002,574
Tax effect resulting from change in income tax rate (239,030) -
Others (1,369,174) (1,350,975)
Income tax expense $ 3,040,625 5,611,908