Taiwan Semiconductor Manufacturing Company Limited (TSM) Income Tax Expense
The tax expense for Taiwan Semiconductor Manufacturing Company Limited (TSM) is $10.50 Billion with a year-over-year change of +38.90%. Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.
TSM Tax Expense Chart
Current Tax Expense
$10.50B
$10.50 Billion
Year-over-Year Change
+38.90%
vs. $7.56B prior year
Historical Data
29
Years of data available
Annual Tax Expense History
| Year | Tax Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $10.50B | +$2.94B | +38.90% |
| 2024 | $7.56B | +$3.38B | +80.96% |
| 2023 | $4.18B | $-739.63M | -15.04% |
| 2022 | $4.92B | +$2.39B | +94.35% |
| 2021 | $2.53B | $-90.76M | -3.46% |
| 2020 | $2.62B | +$1.42B | +118.83% |
| 2019 | $1.20B | +$71.88M | +6.38% |
| 2018 | $1.13B | $-594.20M | -34.54% |
| 2017 | $1.72B | +$54.34M | +3.26% |
| 2016 | $1.67B | +$221.36M | +15.32% |
| 2015 | $1.44B | $-63.94M | -4.24% |
| 2014 | $1.51B | +$433.75M | +40.36% |
| 2013 | $1.07B | +$304.20M | +39.48% |
| 2012 | $770.58M | +$417.99M | +118.55% |
| 2011 | $352.59M | +$78.51M | +28.64% |
| 2010 | $274.09M | +$86.70M | +46.27% |
| 2009 | $187.39M | $-156.47M | -45.50% |
| 2008 | $343.86M | $-12.66M | -3.55% |
| 2007 | $356.51M | +$117.47M | +49.14% |
| 2006 | $239.04M | +$219.24M | +1107.51% |
| 2005 | $19.80M | +$30.47M | +285.42% |
| 2004 | $-10.68M | $-132.62M | -108.75% |
| 2003 | $121.94M | $-54.02M | -30.70% |
| 2002 | $175.96M | +$311.52M | +229.80% |
| 2001 | $-135.56M | $-99.09M | -271.70% |
| 2000 | $-36.47M | +$37.95M | +50.99% |
| 1999 | $-74.42M | $-22.51M | -43.35% |
| 1998 | $-51.91M | +$28.21M | +35.21% |
| 1997 | $-80.13M | — | — |
About Taiwan Semiconductor Manufacturing Company Limited
Taiwan Semiconductor Manufacturing Company Limited (TSMC), along with its affiliated entities, operates globally in the semiconductor industry, specializing in the manufacturing, packaging, meticulous testing, and worldwide distribution of integrated circuits and other crucial semiconductor components. Its expansive international presence covers key markets such as Taiwan, China, Europe, the Middle East, Africa, Japan, and the United States. The company is renowned for its diverse array of wafer fabrication processes. These capabilities enable the production of various advanced semiconductor types, including complementary metal-oxide-semiconductor (CMOS) logic, mixed-signal devices, radio frequency components, embedded memory, and bipolar CMOS mixed-signal circuits. Beyond its core foundry services, TSMC extends its offerings to include dedicated customer and engineering support. It also undertakes the production of specialized masks, actively invests in burgeoning technology startups, and manages the entire lifecycle—from research and development through to manufacturing, packaging, testing, and sales—of color filters. Furthermore, the company provides a range of investment services. TSMC's cutting-edge products are indispensable across numerous sectors, powering high-performance computing, modern smartphones, Internet of Things (IoT) ecosystems, sophisticated automotive systems, and a broad spectrum of digital consumer electronics. Established in 1987, the enterprise is officially headquartered in Hsinchu City, Taiwan.
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- C. C. Wei