17 Corporate income tax
2023 | 2022 | |
Current tax income (expense) | 1,182 | (1,786) |
Deferred tax income (expense) | (51) | 16 |
Deferred tax liability | (356) | (55) |
Total | 775 | (1,825) |
Effective tax rate
% | 2023 | % | 2022 | |
Result before taxes | (3,021) | 7,252 | ||
Income tax at statutory tax rate | 25.8% | (779) | 25.8% | 1,871 |
Application of lower tax rate corporate income tax (until € 200.000) | (0.7)% | 22 | (0.6)% | (43) |
Investments in associates valued at cost for tax purposes | (11.3)% | 342 | 0.7% | 47 |
Non-taxable expenses | 0.0% | - | 0.0% | - |
Lower depreciation for tax purposes | (1.8)% | 54 | (0.2)% | (17) |
Application local tax rates of foreign group companies | 0.2% | (6) | 0.1% | 5 |
Effect deferred tax assets and liabilities | 13.5% | (408) | (0.5)% | (39) |
Income tax previous years | 0.0% | - | 0.0% | - |
Corporate income tax effective tax rate | 25.7% | (775) | 25.2% | 1,825 |