Page ContentKBank Tax Information (Unit : Million Baht) 2018 2019 Calculated AverageEarnings before Tax 54,60353,750Reported Taxes10,39510,309Reported Tax Rate (in %)19.0%19.2%19.1%Cash Taxes Paid 11,26111,591Cash Tax Rate (in %)20.6%21.6%21.1%Slide KBank’s effective tax rate for the fiscal years 2018 and 2019 are 19.0% and 19.2%, respectively, comparing with Thailand corporate income tax rate (i.e. 20%). The difference is mainly due to:Corporate income tax exemption on dividends in compliance with the Thailand Revenue CodeTax measures issued by Thailand government to promote government’s policies that allow an additional tax deduction ประเภท