XML 78 R40.htm IDEA: XBRL DOCUMENT v2.4.1.9

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2014

Income Tax Disclosure [Abstract]

Income (Loss) Before Income Taxes

The Company had minimal operations in jurisdictions other than the PRC. Income (loss) before income taxes consists of:

		For the years ended December 31,
		2012				2013				2014				2014
		RMB				RMB				RMB				US$
		(In thousands)
PRC			12,537,331				13,815,469				17,783,174				2,866,128
Non-PRC			(571,894	)			(1,630,453	)			(3,308,631	)			(533,254	)
			11,965,437				12,185,016				14,474,543				2,332,874

Components of Income Tax

Income taxes consist of:

		For the years ended December 31,
		2012				2013				2014				2014
		RMB				RMB				RMB				US$
		(In thousands)
Current income tax			1,888,378				2,006,980				2,942,173				474,192
Income tax refund due to reduced tax rate			(255,189	)			(508,686	)			(17,553	)			(2,829	)
Adjustments of deferred tax assets due to reduced tax rates			—				21,573				28,146				4,536
Deferred income tax (benefit) expense			(59,030	)			309,063				(721,594	)			(116,300	)
			1,574,159				1,828,930				2,231,172				359,599

Reconciliation of Effective Income Tax Provision of Tax Computed By Applying Statutory Income Tax Rate to Pre-Tax Income

The reconciliation of the effective income tax provision to the amount of tax computed by applying the aforementioned statutory income tax rate to pre-tax income is as follows:

		For the years ended December 31,
		2012				2013				2014				2014
		RMB				RMB				RMB				US$
		(In thousands, except for per share data)
Expected taxation at PRC EIT statutory rate			2,991,359				3,046,254				3,587,693				578,231
Effect of differing tax rates in different jurisdictions			138,931				312,938				676,663				109,058
Permanent differences – non-taxable income			(58,157	)			(69,673	)			(12,504	)			(2,015	)
Permanent differences – non-deductible expenses			58,201				168,735				123,245				19,864
Tax incentives relating to research and development expenditures			(154,977	)			(318,652	)			(538,305	)			(86,759	)
Effect of preferential tax rates inside the PRC			(1,489,331	)			(2,152,806	)			(1,897,184	)			(305,771	)
Effect of tax rate changes on deferred taxes			—				21,573				28,146				4,536
Over-accrued EIT for previous years			(15,084	)			(32,982	)			(153,121	)			(24,679	)
Withholding tax on PRC subsidiaries’ undistributed earnings			—				560,243				—				—
Addition to valuation allowance			103,217				293,300				416,539				67,134
Taxation for the year			1,574,159				1,828,930				2,231,172				359,599
Effective tax rate			13.16	%			15.01	%			15.41	%			15.41	%
Effect of preferential tax rates inside the PRC on basic earnings per Class A and Class B ordinary share			42.63				61.53				53.61				8.64

Tax Effects of Temporary Differences that Give Rise to Deferred Tax Balances

The tax effects of temporary differences that give rise to the deferred tax balances at December 31, 2013 and 2014 are as follows:

		As of December 31,
		2013				2014				2014
		RMB				RMB				US$
		(In thousands)
Deferred tax assets, current:
Provision for doubtful receivables			10,670				23,179				3,736
Net operating loss carry-forward			—				24,666				3,975
Accrued expenses, payroll and others			316,092				777,478				125,307
Less: valuation allowance			(39,918	)			(140,371	)			(22,624	)
Current deferred tax assets, net			286,844				684,952				110,394
Deferred tax assets, non-current:
Fixed assets depreciation			28,755				38,157				6,150
Net operating loss carry-forward			580,963				905,790				145,987
Advertising expenses and others			163,591				306,635				49,420
Less: valuation allowance			(675,369	)			(991,455	)			(159,793	)
Non-current deferred tax assets, net			97,940				259,127				41,764

		As of December 31,
		2013				2014				2014
		RMB				RMB				US$
		(In thousands)
Long-lived assets arising from acquisitions			619,550				549,485				88,561
Withholding tax on PRC subsidiaries’ undistributed earnings			580,720				594,336				95,789
Deferred tax liabilities			1,200,270				1,143,821				184,350

X

- Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(h)(1)(i))

-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

Name:	us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration