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Tax Paid Report

Amount in LAK million	2014	2015	2016	2017	2018	Total^[7]
Salary Tax	1.860	2.153	2.590	2.790	2.995	17.491
Minimum Tax^[1]	-	-	-	-	-	1.601
Profit Tax^[2]	-	-	501	12.996	10.126	25.961
Board Meeting Fee Tax	21	16	45	67	242	549
Withholding Tax (Loan Overseas)^[3]	1.253	1.198	1.135	831	346	5.844
Value-Added Tax^[4]	339	159	607	453	1.119	2.895
Mandatory Profit Tax^[5]	-	-	-	107	270	376
License Fee^[6]	67	5	10	90	-	332
Signboard Installation Fee	30	28	20	14	15	173
Total Paid	3.571	3.559	4.908	17.349	15.113	55.223
Accumulated Amount^[7]	14.295	17.854	22.758	40.110	55.223

From 2014: According to tax law, there is no obligation to pay any Minimum Tax.
2014-2015: The Bank experienced a net loss, and therefore was not required any Profit Tax.
ACLEDA Bank Lao Ltd. began borrowing funds from lenders in 2012.
ACLEDA Bank Lao Ltd. complied with Value-Added Tax regulations in 2011.
From 2017: According to tax law, Section 32 on the purchase of service from foreign company that is not based in the Lao PDR Mandatory Profit Tax must be paid.
2018: ACLEDA Bank Lao Ltd. established no new offices in this year.
Total and Accumulated Amount from year 2008.