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Note 38 – Tax on net profit for the year

Recognised tax in the income statement

 20192018
Current tax  
Current tax on net profit for the year00
Adjustments for current tax of prior periods00
Total current tax00
Total recognised tax-0

The income tax on profit before tax differs from the theoretical amount that would have resulted using the tax rate applicable for the Parent Company as follows:

 20192018
Profit/loss before tax-161,932-96,093
Income tax calculated according to local tax rate in Sweden (21.4%)34,65321,140
Tax effects of:  
Tax effect of deductible items booked against equity8,7636,101
Tax effect of non-deductible expenses-3,501-3,143
Tax effect of untaxable income1,076605
Tax losses for which no deferred tax asset has been recognised-40,991-24,703
Total--
Total recognised tax--