XML 23 R14.htm IDEA: XBRL DOCUMENT v3.22.2
Income taxes
 6 Months Ended
Jun. 30, 2022
Income taxes  
Income taxes

8

Income taxes

​

The Company recorded $0.3 and $0.9 million deferred tax benefit in relation to its operations in the United States and France during the three and six months ended June 30, 2022, respectively. The Company recorded $3.3 million and $3.5 million in deferred income tax expense in the prior year in the United States and the Netherlands for the three and six months ended June 30, 2021, respectively, of which $3.0 million in the three and six months periods related to the Netherlands.

​

The effective income tax rate of -0.8% and -1.1% during the three and six months ended June 30, 2022 is substantially lower than the enacted rated of 25.8% in the Netherlands as the Company records a valuation allowance against its net deferred tax assets in the Netherlands. The effective income tax rate during the three and six months ended June 30, 2021 was -0.8% and -1.0%, respectively, as the Company had recorded a valuation allowance against all its net deferred tax assets in the Netherlands.

​

​