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10. Income taxes

EUR 1,000 2017 2016



Current taxes -477 -413
Withholding taxes paid abroad -811 -4,456
Change in withholding tax accrual (note 23) -3,876 4,278
Taxes for previous accounting periods -4 -11
Change in deferred tax assets (note 15) -13 -33
Change in deferred tax liabilities (note 15)

Dividend tax paid on intra-group dividends

Income taxes total -4,980 -635






Reconciliation of effective tax rate


Income tax reconciliation between tax expense computed at statutory rates in Finland (2017 and 2016: 20.0 per cent) and income tax expense is presented below.


Profit before taxes -10,511 -5,621



Income tax using Finnish tax rates 2,102 1,124
Effect of different tax rates applied to foreign subsidiaries -990 3,981
Non-deductible expenses and tax-free income -1,391 -5,551
Withholding taxes -4,487 -178
Taxes of prior periods -4 -11
Utilisation of previously unrecognised tax losses -211
Unrecognised deferred tax assets on research and development costs not deducted for tax purposes

Deferred tax liabilities on undistributed profits of a foreign subsidiary

Other capital allowances

Taxes in income statement -4,980 -635