Page 172 - MEDIASET ESPAÑA / 2013. Financial Statements, Management and Corporate Governance Report

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MEDIASET ESPAÑA COMUNICACIÓN, S.A. AND SUBSIDIARIES
NOTES TOTHE CONSOLIDATED FINANCIAL STATEMENTS AT DECEMBER 31, 2013
(Expressed in thousand of euros)
19. TAX MATTERS
19.1. Consolidated tax group
Pursuant to current legislation, the ConsolidatedTax Group includes Mediaset España Comunicación, S.A., as the parent,
and the Spanish subsidiaries that meet the requirements provided for in Spanish legislation regulating the taxation of the
consolidated profits of corporate groups.
The Group’s other subsidiaries file individual tax returns in accordance with the tax legislation in force in each country.
19.2. Years open to tax inspection
Under prevailing tax regulations, tax returns may not be considered final until they have either been inspected by the
tax authorities or until the four-year inspection period has prescribed.
Once the Spanish Tax Authorities’ Tax and Customs Control Department of the Central Office of Major Tax Payers
had performed its verifications and investigations in 2009, the Group has the following items and years open to
inspection:
Item (s) Years
Income Tax 2009 to 2013
Value added tax 2010 to 2013
Withholdings, non-resident income tax 2010 to 2013
Gaming tax: bets and promotional draws 2012 to 2013
Taxes on games of luck, betting, and chance: raffles and tombola 2012 to 2013
Annual transaction statement 2009 to 2013
Consolidated statement of intra-regional delivery and acquisition of assets 2010 to 2013
In 2013 the verification procedures carried out by the Spanish Tax Authorities’Tax and Customs Control Department
of the Central Office of MajorTaxpayers on the following items finalized:“Taxes on games of luck, bets, or chance: raffles
and tombolas” as well as “Gaming tax: bets and promotional draws” for June, 2008 to December 2011. Assessments
raised totaling 9,029 thousand euros (Note 20) and the proposed settlement refer to Company transactions carried
out in close observance of the criteria established by the tax authorities (more specifically the inspectors) arising from
previous inspections and related to the same items and transactions identical in nature, and therefore, the parent’s
directors and tax advisors consider, there are solid arguments in the Company’s defense for applying the above criteria
in both lawsuits and appeals, and consequently obtaining a favorable result.
The Group has the last four years open to inspection of all other applicable taxes. Based on the best interpretation of
current legislation, the parent’s directors and tax advisors consider that in the event of a tax inspection, no significant