IRR310313.pdf - Banco Itaú

NOTE 14 - TAXES
a)
Composition of expenses for taxes and contributions
I -
Statement of calculation with Income Tax and Social Contribution:
01/01 to
03/31/2013
01/01 to
03/31/2012
Income before income tax and social contribution 4,935,591 5,429,987
Charges (income tax and social contribution) at the rates in effect (Note 4o) (1,974,236) (2,171,995)
Increase/decrease to income tax and social contribution charges arising from:
Investments in affiliates and jointly controlled entities 22,720 13,614
Foreign exchange variation on investments abroad (96,093) (306,808)
Interest on capital 418,457 465,183
Corporate reorganizations 156,963 -
Dividends and interest on external debt bonds 36,470 47,584
Other nondeductible expenses net of non taxable income 54,703 67,426
Deferred tax asset recognized from prior periods - 98,971
Total income tax and social contribution (1,381,016) (1,786,025)
II - Composition of tax expenses:
01/01 to
03/31/2013
01/01 to
03/31/2012
PIS and COFINS (882,942) (946,770)
ISS (181,308) (155,431)
Other (110,589) (94,218)
Total (Note 4o) (1,174,839) (1,196,419)
At ITAÚ UNIBANCO HOLDING tax expenses are basically composed of PIS and COFINS in the amount of
R$ 55,214 (R$ 53,079 from 01/01 to 03/31/2012).
Itaú Unibanco Holding S.A. – Complete Financial Statements – Mach 31, 2013 158