Income Taxes	6 Months Ended
Jun. 30, 2011
Income Taxes	Note 7 — Income Taxes TSYS is the parent of an affiliated group that files a consolidated U.S. Federal income tax return and most state and foreign income tax returns on a separate entity basis. In the normal course of business, the Company is subject to examinations by these taxing authorities unless statutory examination periods lapse. TSYS is no longer subject to U.S. Federal income tax examinations for years before 2007 and with a few exceptions, the Company is no longer subject to income tax examinations from state, local or foreign authorities for years before 2003. There are currently no Federal tax examinations in progress. However, a number of tax examinations are in progress by the relevant foreign and state tax authorities. Although TSYS is unable to determine the ultimate outcome of these examinations, TSYS believes that its liability for uncertain tax positions relating to these jurisdictions for such years is adequate. TSYS’ effective tax rate attributable to continuing operations was 30.4% and 36.1% for the three months ended June 30, 2011 and 2010, respectively. TSYS’ effective income tax rate attributable to continuing operations for the six months ended June 30, 2011 was 32.2%, compared to 35.7% for the same period in 2010. The decreased rate during the June 30, 2011 period was mostly due to changes in discrete items, changes in the jurisdictional sources of income and reflects the benefit of certain tax incentives offered to United States companies conducting certain activities within the Unites States. TSYS adopted the provisions of ASC 740 on January 1, 2007. This interpretation prescribed a recognition threshold and measurement attribute for the financial statement recognition, measurement and disclosure of a tax position taken or expected to be taken in a tax return. The amount of unrecognized tax benefits did not change significantly during the six months ended June 30, 2011. TSYS recognizes potential interest and penalties related to the underpayment of income taxes as income tax expense in the condensed consolidated statements of income. Gross accrued interest and penalties on unrecognized tax benefits totaled $0.7 million and $1.1 million as of June 30, 2011 and December 31, 2010, respectively. The total amounts of unrecognized income tax benefits as of June 30, 2011 and December 31, 2010 that, if recognized, would affect the effective tax rates are $3.8 million and $4.2 million (net of the Federal benefit on state tax issues), respectively, which include interest and penalties of $0.6 million and $1.0 million. TSYS does not expect any material changes to its calculation of uncertain tax positions during the next twelve months.

Income Taxes

6 Months Ended

Jun. 30, 2011

Note 7 — Income Taxes

TSYS is the parent of an affiliated group that files a consolidated U.S. Federal income tax return and most state and foreign income tax returns on a separate entity basis. In the normal course of business, the Company is subject to examinations by these taxing authorities unless statutory examination periods lapse. TSYS is no longer subject to U.S. Federal income tax examinations for years before 2007 and with a few exceptions, the Company is no longer subject to income tax examinations from state, local or foreign authorities for years before 2003. There are currently no Federal tax examinations in progress. However, a number of tax examinations are in progress by the relevant foreign and state tax authorities. Although TSYS is unable to determine the ultimate outcome of these examinations, TSYS believes that its liability for uncertain tax positions relating to these jurisdictions for such years is adequate.

TSYS’ effective tax rate attributable to continuing operations was 30.4% and 36.1% for the three months ended June 30, 2011 and 2010, respectively. TSYS’ effective income tax rate attributable to continuing operations for the six months ended June 30, 2011 was 32.2%, compared to 35.7% for the same period in 2010. The decreased rate during the June 30, 2011 period was mostly due to changes in discrete items, changes in the jurisdictional sources of income and reflects the benefit of certain tax incentives offered to United States companies conducting certain activities within the Unites States.

TSYS adopted the provisions of ASC 740 on January 1, 2007. This interpretation prescribed a recognition threshold and measurement attribute for the financial statement recognition, measurement and disclosure of a tax position taken or expected to be taken in a tax return. The amount of unrecognized tax benefits did not change significantly during the six months ended June 30, 2011.

TSYS recognizes potential interest and penalties related to the underpayment of income taxes as income tax expense in the condensed consolidated statements of income. Gross accrued interest and penalties on unrecognized tax benefits totaled $0.7 million and $1.1 million as of June 30, 2011 and December 31, 2010, respectively. The total amounts of unrecognized income tax benefits as of June 30, 2011 and December 31, 2010 that, if recognized, would affect the effective tax rates are $3.8 million and $4.2 million (net of the Federal benefit on state tax issues), respectively, which include interest and penalties of $0.6 million and $1.0 million. TSYS does not expect any material changes to its calculation of uncertain tax positions during the next twelve months.