Tax Management

Tax
Manegement

Gamania Groupdrovea surge in active players through offline signature events and localized operations. With continued cultivation of its digital entertainment landscape, its diversified businesses delivered steady revenue growth.Net income attributable to owners of the parent company reached NT$2.07 billion, with earnings per share (EPS) of NT$11.78.

In response to the international trend, increasingly complex transnational business, and tax environment, the Board of Directors of Gamania approved the revised “Group’s tax policy”. 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 shall be subject to the relevant tax laws and regulations of the places where the Group and the subsidiaries are located, and taxes shall be paid in accordance with the law.
2

All transactions with related parties shall be cautiously assessed, with the rationality and consistency of conventional profit distribution ensured. Meanwhile, deliberate shifting of profits to countries with low tax rates shall be prevented.
3

Tax information shall be transparent and in line with the Financial Reporting Standards and the disclosure requirements for annual reports.
4

Tax risks shall be properly managed when making and implementing tax-related decisions.
5

Double taxation shall be avoided based on prior tax assessment to reduce tax costs in a reasonable and legal manner and create shareholder value.
6

A relationship of mutual respect with tax authorities shall be established based on mutual trust and information transparency.
7

Transactions with affiliates shall be subject to the arm's length principle and the internationally agreed transfer pricing guidelines announced by the Organization for Economic Co-operation and Development (OECD).
8

The Company shall not make a plan that is only for the purpose of tax avoidance, such as transferring profits to countries with low tax rates or tax havens, or adopting multiple organizational structures with no commercial substance.

Financial information

Unit: NTD millions

	2023	2024
Operating income	9,791	11,077
Operating gross profit	3,795	3,912
Net profit of current term	575	2,068
EPS (NTD)	3.28	11.78
Debt ratio (%)	41.08%	28.07%

【 The Group's tax information 】

Unit: NTD thousand

	2023	2024
Net profit before tax	687,621	2,186,299
Reported Taxes	127,389	114,624
Effective tax rate (%)	18.53%	5.24%
Cash tax paid	402,704	45,678
Cash tax rate (%)	58.56%	2.09%

【 Tax reporting by each tax jurisdiction 】

Unit: NTD thousand

Tax jurisdiction	Major business activities	Number of employees	Revenue	Pre-tax profit	Income tax payable	Income tax payment
Taiwan	Game operations, information software services and sales, game point sales, electronic payments, e-commerce platform, customer service, TB program production, and advertising services	1,022	10,667,071	1,947,553	81,232	37,590
Hong Kong	Game operations, information software service and distribution, sales of game points	19	1,443,189	25,435	(29,170)	0
China		35	424,188	36,326	8,038	8,088
Singapore		0	40,878	1,368	7,331	0
Japan		0	50,185	1,742	281	0
Korea		0	3,181	2,261	0	0

Tax Management

The Principle of Tax Governance

All operations shall be subject to the relevant tax laws and regulations of the places where the Group and the subsidiaries are located, and taxes shall be paid in accordance with the law.

All transactions with related parties shall be cautiously assessed, with the rationality and consistency of conventional profit distribution ensured. Meanwhile, deliberate shifting of profits to countries with low tax rates shall be prevented.

Tax information shall be transparent and in line with the Financial Reporting Standards and the disclosure requirements for annual reports.

Tax risks shall be properly managed when making and implementing tax-related decisions.

Double taxation shall be avoided based on prior tax assessment to reduce tax costs in a reasonable and legal manner and create shareholder value.

A relationship of mutual respect with tax authorities shall be established based on mutual trust and information transparency.

Transactions with affiliates shall be subject to the arm's length principle and the internationally agreed transfer pricing guidelines announced by the Organization for Economic Co-operation and Development (OECD).

The Company shall not make a plan that is only for the purpose of tax avoidance, such as transferring profits to countries with low tax rates or tax havens, or adopting multiple organizational structures with no commercial substance.

Financial information

【 The Group's tax information 】

【 Tax reporting by each tax jurisdiction 】