Income tax expense recognized in profit or loss

Income tax expense consisted of the following:


	Six Months Ended June 30
	2020			2021
	NT$			NT$
	(In Millions)			(In Millions)

Current income tax expense
Current tax expense recognized in the current period	$	41,421.1		$	49,846.5
Income tax adjustments on prior years		(7,553.0	)		(12,748.5	)
Other income tax adjustments		(79.5	)		69.9

		33,788.6			37,167.9

Deferred income tax benefit
The origination and reversal of temporary differences		(2,580.5	)		(7,238.3	)
Investment tax credits		—			(2,632.6	)

		(2,580.5	)		(9,870.9	)

Income tax expense recognized in profit or loss	$	31,208.1		$	27,297.0

Income tax expense recognized in other comprehensive income


	Six Months Ended June 30
	2020		2021
	NT$		NT$
	(In Millions)		(In Millions)

Deferred income tax benefit (expense)
Related to unrealized gain/loss on investments in equity instruments at FVTOCI	$	0.4	$	(55.8	)

Income tax examination

The tax authorities have examined income tax returns of TSMC through 2019. All investment tax credit adjustments assessed by the tax authorities have been recognized accordingly.