8	INCOME TAXES

The provision for income taxes is recorded at the end of each interim period based on the Company’s best estimate of its effective income tax rate expected to be applicable for the full fiscal year. The Company expected effective income tax rate for 2014 is approximately 25%. The lower effective rate for the three months ended March 31, 2014 is primarily due to losses in non-PRC jurisdictions, the benefit of which is not expected to be realized. The Company paid income taxes of $1.5 million during the first three months of 2014, which was included in income taxes payable at December 31, 2013.