Tax Policy

TSM Group realizes that taxes play an important role in supporting sustainable economic development. They not only drive and support business competitiveness, but also affect economic and social growth and overall development of the country. As such, the Group manages its tax obligations with integrity, transparency and auditability, for the greatest interest of all stakeholders. Moreover, comprehensive guidelines on tax planning and practices are in place across all Group companies to ensure consistency, in order to create maximum value and benefit for all stakeholders in consideration of both direct and indirect tax risks.