Tax Information for the Past Five Years                                                                                                   Unit: NT$ thousand

	2020	2021	2022	2023	2024
Profit Before Tax	1,606,092	1,202,541	2,385,414	3,393,761	3,756,850
Income Tax Expense	（ 338,970 ）	（ 273,188 ）	（ 522,686 ）	（ 827,329 ）	（ 969,970 ）

 

In 2023 and 2024, Nan Pao's effective tax rates were 24.4% and 25.8%, respectively, both higher than the chemical industry's average effective tax rate of 19.13% as published by the CSA. In terms of cash tax rates, Nan Pao recorded 10.5% in 2023 and 23.2% in 2024. The lower cash tax rate in 2023, compared to the CSA industry average of 20.65%, was primarily due to measures under Taiwan's tax collection regulations in response to the COVID-19 pandemic, which allowed companies to apply for installment payments of income tax or exemption from provisional tax payments.

 

Nan Pao established the Nan Pao Group Tax Policy in 2023, committing to enhancing financial transparency, disclosing tax information in accordance with relevant standards and guidelines, effectively managing tax risks, and advancing corporate sustainability objectives.

 

Nan Pao has not yet met the threshold for filing a Country-by-Country Report (CbCR)―defined as consolidated revenue of NT$27.0 billion in the preceding fiscal year without meeting safe harbor provisions and has therefore not issued a CbCR to date. In addition, no political donations were made in 2024.

 

In 2023, Nan Pao finalized its "Nan Pao Group Tax Policy," demonstrating its commitment to financial transparency. This policy, which was approved by the Board of Directors on August 8, 2024, pledges adherence to relevant regulations and standards for disclosing tax information, with the aim of effectively managing tax risks and promoting sustainable development.

  

Nan Pao did not make any political contributions in 2024.