Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income Taxes

Schedule of calculation tax charge

	2019		2018		2017
	(€ in thousands)
Income tax based on domestic rate	14,261		9,106		10,918
Tax effect of:
Different tax rates in foreign jurisdictions	17		—		—
Non-deductible expenses	(1,501)		(818)		(634)
Stock issue expenditures that are deductible	843		1,448		—
Change in unrecognized deductible temporary differences	(7)		(25)		(25)
Current year losses for which no deferred tax asset was recognized	(13,703)		(9,712)		(10,261)
Under-provision in previous years	(42)		—		—
Income tax charge	(132)		(1)		(2)
Effective tax rate	—	%	—	%	—	%