Sisal Annual Report 2011 - Permira

Taxation payable (25)Taxation payable comprises the following:Taxation payable(in thousands of Euro)At12.31.2011At12.31.2010Payables for IRAP tax to tax authorities 3,371 1,163Payables for IRPEF payroll tax to tax authorities 2,128 2,007Payables for withholding tax on RBS loan to tax authorities 80 310Other payables to tax authorities 3,903 4Payables for substitute tax to tax authorities 29 11Payables for VAT to tax authorities 3 95Payables for IRES tax income tax consolidation 6,623 5,904Total 16,135 9,494This line item includes taxation payable by the Group as of December 31, 2011.Other payables to tax authorities, for EUR 3,903 thousand, are composed of theshort-term payable relating to the act for the proposal to settle the NoF issued bythe Guardia di Finanza (Financial Police) and signed by the Parent at the end of theyear. IRPEF payroll tax payable on payrolls and services performed by external selfemployedcollaborators has been duly paid in the early part of 2012 on their duedates. IRAP tax payable at year-end is net of advances already paid, as is IRES taxpayable, on the basis of the results of the national tax consolidation.96 SISAL ANNUAL REPORT 2011