Shaw 2014 Annual Report Download - page 107

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Shaw Communications Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
August 31, 2014 and 2013
[all amounts in millions of Canadian dollars except share and per share amounts]
Due to Canadian provincial enacted corporate income tax rate changes, the statutory income tax
rate for the Company increased from 25.9% in 2013 to 26.0% in 2014.
The components of income tax expense are as follows:
2014 2013
$$
Current income tax expense 355 174
Current income tax recovery from recognition of previously unrecognized tax
losses (1) (12)
354 162
Deferred tax expense (recovery) related to temporary differences (46) 111
Deferred tax expense from tax rate changes –10
Income tax expense 308 283
103