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PBR » Topics » c) Tax incentive reserve

This excerpt taken from the PBR 6-K filed Mar 31, 2009.

c) Tax incentive reserve

It is formed through the allocation of the portion of tax incentives resulting from government donations or subsidies, allocated to the results for the year in conformity with article 195-A of the Corporation Law, included by Law 11.638/07, as from January 1, 2008.

In fiscal year 2008, the amount of R$ 557,185 was distributed to the results related to the incentive for investments in the Northeast in the ambit of SUDENE, with a 75% reduction in income tax due, calculated on the working profit from the activities receiving incentives.

This excerpt taken from the PBR 6-K filed Mar 18, 2005.

Tax incentive reserve

This reserve consists of investments in tax incentives in the Northeast Investment Fund (FINOR), arising from allocations of part of the Company’s income tax.

EXCERPTS ON THIS PAGE:

6-K
Mar 31, 2009
6-K
Mar 18, 2005

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"c) Tax incentive reserve" elsewhere:

Itau Unibanco Holding S.A. (ITU)
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