8. Income taxes recognized in the income statement
Current taxes are calculated on the basis of an average income tax rate of 31% on the profits generated. This expected average tax rate corresponds to the expected tax rate in Germany, as this is where the operating activities take place.
| Schedule of operating activities |
|
|
|
|
|
|
|
|
| |
|
For the
Years Ended
December 31, |
|
| in CHF |
|
2025 |
|
|
2024 |
|
| Current taxes |
|
|
|
|
|
|
|
|
| Income tax income/expense in the current financial year |
|
₣ |
- |
|
|
₣ |
- |
|
| |
|
|
|
|
|
|
|
|
| Deferred taxes |
|
|
|
|
|
|
|
|
| Recognized deferred (tax expense)/tax income |
|
|
392,603 |
|
|
|
620,774 |
|
| Reported tax income for the current period |
|
₣ |
392,603 |
|
|
₣ |
620,774 |
|
No income taxes were recognized directly in equity or in other comprehensive income in the financial year.
The tax expense/income for the financial year can be reconciled to the profit/loss for the period as follows:
| Schedule of tax expense income for the financial year |
|
|
|
|
|
|
| in CHF |
|
December 31,
2025 |
|
|
December 31,
2024 |
|
| Earnings before income taxes |
|
₣ |
(67,006,593 |
) |
|
₣ |
(28,753,745 |
) |
| Income tax expense at a tax rate of 31% |
|
₣ |
20,772,044 |
|
|
₣ |
8,913,661 |
|
| Amortization of deferred tax assets due to derecognition |
|
|
- |
|
|
|
- |
|
| Effects of non-tax-deductible expenses and income |
|
|
(12,336,984 |
) |
|
|
(5,420,625 |
) |
| Effects of results for which no deferred taxes were recognized |
|
|
(7,523,688 |
) |
|
|
(2,666,379 |
) |
| Effects of losses for which deferred tax assets were recognized |
|
|
- |
|
|
|
- |
|
| Tax rate differences |
|
|
(428,768 |
) |
|
|
(205,883 |
) |
| Tax amount recognized in the income statement |
|
₣ |
482,603 |
|
|
₣ |
620,774 |
|
|