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Income tax and social contribution (Tables)

12 Months Ended

Dec. 31, 2017

Income tax and social contribution (Tables) [Abstract]

Deferred income tax and social contribution

(a) Deferred income tax and social contribution:


		Tax losses				Tax credit				Technological inovation (i)				Other temporary differences- ASSETS				Other temporary differences- LIABILITY				Total
Deferred tax
At December 31, 2015			3,363				-				(6,257	)			3,363				-				469
Included in the statement of income			(2,312	)			-				(18,121	)			284				-				(20,149	)
Taken directly to equity			-				3,606				-				-				-				3,606

At December 31, 2016			1,051				3,606				(24,378	)			3,647				-				(16,074	)

Included in the statement of income			436				(721	)			(16,814	)			28,995				(1,616	)			10,278

At December 31, 2017			1,487				2,885				(41,192	)			32,642				(1,616	)			(5,794	)

Estimated realization of deferred tax assets in non-current assets and liabilities

The estimated realization of deferred tax assets in non-current assets and liabilities is as follows:


		December 31,
		2017								2016
		Asset				Liability				Asset				Liability
2017			-				-				940				(8,126	)
2018			8,895				(20,728	)			940				(8,126	)
2019			4,040				(18,008	)			940				(8,126	)
2020			2,111				(2,454	)			940				-
2021			982				(1,434	)			4,545				-
2022			20,987				(185	)			-				-

			37,015				(42,809	)			8,305				(24,378	)

Reconciliation of the difference between the actual income tax and social contribution expense and the expense computed by applying the federal statutory rate

(b) Reconciliation of the income tax and social contribution expense PagSeguro Group computed income tax and social contribution under the taxable income method. The following is a reconciliation of the difference between the actual income tax and social contribution expense and the expense computed by applying the federal statutory rate for the years ended December 31, 2017, 2016 and 2015:

		December, 31
		2017				2016				2015
Profit for the period before taxes			683,504				155,359				40,315
Statutory rate			34%				34%				34%

Expected income tax and social contribution			(232,391	)			(52,822	)			(13,707	)
Income tax and social contribution effect on:
Permanent additions (exclusions)
Participation in the results of partners and managers			(314	)			-				(234	)
Gifts			(375	)			-				(149	)
R&D and technological innovation benefit - Law 11.196/05(i)			24,987				15,898				11,596
R&D and technological innovation benefit - Law 11.196/05(i)			24,987				15,898				11,596
Interest on own capital			-				8,860				-
Tax Incentives - Law Rounet Art. 18			1,981				-				-
Other additions			1,402				485				(2,333	)

Income tax and social contribution expense			(204,711	)			(27,580	)			(4,826	)

Income tax and social contribution - current			(214,988	)			(7,431	)			(2,587	)
Income tax and social contribution - deferred			10,278				(20,149	)			(2,239	)