Asus 2011 Annual Report Download - page 181

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~49~
D. The tax authorities have examined the Company’s income tax returns through 2009. The tax
authorities assessed the Company for additional income tax of $716,266 for the years 1996
and 1998. The Company disagreed with the assessment and filed formal tax appeals. The
additional income tax liability for these assessments was recognized in current income tax.
E. Imputation credit account and creditable ratio
F. Unappropriated retained earnings
G. As of December 31, 2011, the details of the unused investment tax credits are as follows:
H. As of December 31,2011,the details of the tax benefit of loss carryforwards are as follows:
2011/12/31 2010/12/31
Deferred income tax assets - current 2,107,897$ 1,638,031$
Deferred income tax assets - non-current 1,582,487 1,150,216
Deferred income tax liabilities - current 1 2 )( -
Deferred income tax liabilities - non-current
2,845,092)
(
1,905,362)
(
845,280$ 882,885$
2011/12/31 2010/12/31
ICA balance
12,143,365$12,282,090$
2011 (Actual) 2010 (Actual)
Creditable ratio for earnings distribution 18.05% 20.34%
2011/12/31 2010/12/31
Earnings generated in and before 1997
-
$
706,803
$
Earnings generated in and after 1998 77,293,325 74,095,212
77,293,325$ 74,802,015$
Company name Unused tax credits Year of expiration
Askey and its subsidiaries
277,772
$
2012~2013
Other consolidated subsidiaries 101,354 2012~2013
379,126$
Company name
Year loss
was incurred
Unused loss
carryforwards Year of expiration
Askey and its subsidiaries 2010~2011 116,188$ 2020~2021
IUT and its subsidiaries 2003~2011 139,556 2013~2021
Other consolidated 2002~2011 188,358 2014~2021
subsidiaries
444,102$