Tax Management

Tax
Manegement

Throughoffline special events and localized operations, we have driven a significant increase in active players. Additionally, under continuous cultivation of the digital entertainment landscape, our diversified business revenue has steadily grown.The Company’s net profit after tax reached NT$580 million, and EPS was NTD 3.28.

In response to the international trend, increasingly complex transnational business, and tax environment, the Board of Directors of Gamania Group approved the revised “Group’s tax policy” in 2023. The focus is to comply with local tax regulations and disclosure requirements, enhance shareholder value, implement effective risk management, and fulfill our corporate responsibility.

The Principle of Tax Governance

1

All operations follow the spirit as well as the letter of the tax laws and regulations of the location of the group's operations, and taxes are paid in accordance with the law.
2

Evaluate all transactions between related parties, determine the rationality and consistency of regular proﬁt allocations, and prevent deliberate transfer value created to low tax jurisdictions.
3

Tax information should be transparent and follow the financial reporting standards and annual report disclosure regulations.
4

Properly manage tax risks when making and implementing tax decisions.
5

To avoid double taxation, reduce tax costs reasonably and legally by ex-ante tax assessment to create shareholder value.
6

Establish a mutually respectful relationship with tax authorities based on mutual trust and information transparency.
7

The related-party transactions undertaken by the Group follows arm's length principle in accordance with the transfer pricing guidelines issued by the Organization for Economic Cooperation and Development ("OECD").
8

Do not engage in planning solely for the purpose of tax avoidance, such as transferring proﬁts to low-tax or tax-free havens, or using multiple tax structures lacking commercial substance.

Financial information

Unit: NTD millions

	2021	2022	2023
Operating income	11,372	11,388	9,791
Operating gross profit	4,757	4,682	3,795
Net profit of current term	1,106	1,280	575
EPS (NTD)	6.30	7.29	3.28
Debt ratio (%)	38.22%	39.45%	41.08%

【The Group's tax information 】

Unit: NTD thousand

	2022	2023
Net profit before tax	1,708,448	687,621
Reported Taxes	430,341	127,389
Effective tax rate (%)	25.19%	18.53%
Cash tax paid	447,641	402,704
Cash tax rate (%)	26.20%	58.56%

Tax Management

The Principle of Tax Governance

All operations follow the spirit as well as the letter of the tax laws and regulations of the location of the group's operations, and taxes are paid in accordance with the law.

Evaluate all transactions between related parties, determine the rationality and consistency of regular proﬁt allocations, and prevent deliberate transfer value created to low tax jurisdictions.

Tax information should be transparent and follow the financial reporting standards and annual report disclosure regulations.

Properly manage tax risks when making and implementing tax decisions.

To avoid double taxation, reduce tax costs reasonably and legally by ex-ante tax assessment to create shareholder value.

Establish a mutually respectful relationship with tax authorities based on mutual trust and information transparency.

The related-party transactions undertaken by the Group follows arm's length principle in accordance with the transfer pricing guidelines issued by the Organization for Economic Cooperation and Development ("OECD").

Do not engage in planning solely for the purpose of tax avoidance, such as transferring proﬁts to low-tax or tax-free havens, or using multiple tax structures lacking commercial substance.

Financial information

【The Group's tax information 】

【 Tax reporting by each tax jurisdiction 】