Sopra Steria - 2018 Registration document
PARENT COMPANY FINANCIAL STATEMENTS Notes to the income statement
5.5. Employee profit-sharing and incentives
The tax saving arising from application of the Group tax regime, equal to the difference between the sum of tax paid to the parent company by consolidated companies and tax calculated on Group earnings and actually payable to the French Treasury, will accrue to the parent company. However, given the provisions laid down in Article 2 of these agreements, tax savings recognised by the parent company during the financial year, arising from the use of tax losses and net long- term capital losses reported by consolidated companies, are only temporary, since they will be taken into account by consolidated companies when they determine their taxes for subsequent financial years. Since the tax consolidation group posted a loss in 2018, Sopra Steria Group recognised tax income of €6.410 million in the year, arising entirely from tax consolidation gains. 5.6.2. RESEARCH TAX CREDIT Sopra Steria Group recognised an R&D tax credit of €17.200 million in 2018.
5.5.1. EMPLOYEE PROFIT-SHARING The amount of legally prescribed employee profit-sharing was nil in 2018, since net taxable profit equated to less than 5% of equity. 5.5.2. INCENTIVES Incentives for 2018 were provisioned in the amount of €4.563 million.
5.6. Corporate income tax
5.6.1. TAX CONSOLIDATION Sopra Steria Group and some of its subsidiaries have opted to file as a tax consolidation group. Each of the companies computes and recognises its own income tax charge as if it were taxed separately.
5.6.3. BREAKDOWN OF TAX BETWEEN RECURRING AND EXCEPTIONAL OPERATIONS Corporate income tax is broken down as follows:
(in thousands of euros)
Tax on recurring operations Tax on exceptional operations Impact of tax consolidation Tax following tax reassessment
10,104 -1,110 -15,404
8,689 1,434 -8,568
R&D tax credit
Other tax expenses Other tax credits
SOPRA STERIA REGISTRATION DOCUMENT 2018
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