IBERSOL Annual Report and Consolidated Accounts 2017

Consolidated Financial Statements 18. INCOMES TAXES AND DEFERRED TAXES 18.1 INCOME TAX 18.1.1 Income tax receivable On 31st December 2017, income tax receivable amounts to 5.046.070 euros (2.332.391 euros in 2016), presented as follows: Dec. 2017 Dec. 2016 Eat Out Group (1) - 2.246.990 Inverpeninsular Group (1) 3.529.741 77.883 RETGS (2) 1.509.961 - Income tax (Restmon) 6.368 7.518 5.046.070 2.332.391 (1) in 2017, the Eat Out Group incorporates the income tax group of subsidiaries with headquarters in Spain. (2) income tax that results from the tax group of subsidiaries in Portugal (RETGS), is presented as follows: 2017 2016 Special payment on account 11.808 - Payments on account 3.452.637 - Withholding taxes 126.103 - Income tax - parent -145.299 - Income tax - subsidiaries (RETGS) -2.961.158 - Tax saving (RETGS) 1.025.870 - TOTAL 1.509.961 - 18.1.2 Income tax payable Income tax payable in the years ending on 31 December 2017 and 2016 are broken down as follows: Dec. 2017 Dec. 2016 RETGS (1) - 1.541.182 Ibersol Angola 236.446 618.265 Dehesa (2) 87.501 189.328 Other (3) 797 878 324.744 2.349.654 262