Why is TSMC's corporate tax so high?

Due to strong global demand for advanced semiconductors, driving record profits.

Why does the Northern Tax Office lead in revenue?

It hosts major tech firms like TSMC and MediaTek, contributing massive tax.

What does rising undistributed earnings tax mean?

Firms are retaining profits for reinvestment, signaling business confidence.

Did Hon Hai enter the top 10 taxpayers?

Estimated possible, but tax authorities do not disclose identities.

How reliable is this data?

Based on MOF statistics and cross-checked with corporate financials.

TSMC Retains Title as Top Corporate Income Taxpayer, Contributing Nearly NT$200 Billion to National Treasury

Key facts

TSMC Retains Title as Top Corporate Income Taxpayer, Contributing Nearly NT$200 Billion to National Treasury
Following the end of the tax filing season, TSMC has once again ranked as Taiwan's top corporate income taxpayer, contributing nearly NT$200 billion in营利事业所得税 (B&I income tax). The northern district tax office recorded the highest self-paid tax revenue at over NT$368.59 billion, driven largely by major tech firms including TSMC.
Source: CNA
Date: Wed Jun 17 2026 18:22:00 GMT+0900 (Japan Standard Time)

Direct answer

Following the end of the tax filing season, TSMC has once again ranked as Taiwan's top corporate income taxpayer, contributing nearly NT$200 billion in营利事业所得税 (B&I income tax). The northern district tax office recorded the highest self-paid tax revenue at over NT$368.59 billion, driven largely by major tech firms including TSMC.

Citation: TSMC Retains Title as Top Corporate Income Taxpayer, Contributing Nearly NT$200 Billion to National Treasury (Wed Jun 17 2026 18:22:00 GMT+0900 (Japan Standard Time)), CNA
Source: CNA
Date: Wed Jun 17 2026 18:22:00 GMT+0900 (Japan Standard Time)

AI Summary (NQ-processed)

Following the end of the tax filing season, TSMC has once again ranked as Taiwan's top corporate income taxpayer, contributing nearly NT$200 billion in营利事业所得税 (B&I income tax). The northern district tax office recorded the highest self-paid tax revenue at over NT$368.59 billion, driven largely by major tech firms including TSMC.

AI Analysis

Frequently Asked Questions

Q: Why is TSMC's corporate tax so high?: A: Due to strong global demand for advanced semiconductors, driving record profits.
Q: Why does the Northern Tax Office lead in revenue?: A: It hosts major tech firms like TSMC and MediaTek, contributing massive tax.
Q: What does rising undistributed earnings tax mean?: A: Firms are retaining profits for reinvestment, signaling business confidence.
Q: Did Hon Hai enter the top 10 taxpayers?: A: Estimated possible, but tax authorities do not disclose identities.
Q: How reliable is this data?: A: Based on MOF statistics and cross-checked with corporate financials.