Regulations Governing Universal Service of Telecommunications Enterprises Article 24

Telecommunications enterprises shall contribute to universal service costs. However, the telecommunications enterprises shall be exempted from sharing the universal service cost in the implementation year if the revenue as designated by the competent authority is not achieved.The contributing telecommunications enterprises in the preceding paragraph shall be the Participating Universal Service Carriers, they must report annual telecommunication service revenue figures, which are audited by certified accountants, to the competent authority by June 1 of the year after the implementation year, together with the relevant accounting certification information.The competent authority may request participating universal service carriers and the certified accountants to submit supplementary information and explanations for the assessment of the telecommunication service revenue figures in the preceding Paragraph.The telecommunication service revenue figures of the Participating Universal Service Carriers, their telecommunications service revenue reported on corporate annual income tax forms in the implementation year; the revenue forgone of the various universal service categories may be deducted.