Draft - Work in Progress

Tax Movement Schedule FlyByU AG

Opening Balance Required Tax

Tax Provision as Corrections for Taxes current Payments (-) / Provision as per
Tax Period / Tax per 1.1.2021 prior years year Refunds (+) 31.12.2021
2019
Direct federal tax
Cantonal and communal income tax
Cantonal and communal capital tax
2020
Direct federal tax
Cantonal and communal income tax
Cantonal and communal capital tax
2021
Direct federal tax
Cantonal and communal income tax
Cantonal and communal capital tax
Total

Tax Expense as per calculation

Tax Provision as per books

Tax Expense as per calculation
Tax Provision as per calculation

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PwC Tax Movement Schedule Page 1 of 3
 Draft - Work in Progress

Tax Rate Overview FlyByU AG

Income tax
Base income tax rate Zurich 7.00%
Cantonal multiplier (2021) 100.00%
Communal multiplier (2021) 119.00%
Church tax multiplier (2021) 10.10%
Total cantonal and communal multipliers 229.10%

Base income tax rate direct federal tax 8.50%

Total statutory income tax rate 24.54%

Income before tax 100.00

Income tax (19.70)
Income after tax 80.30

Total effective tax rate 19.70%

Total effective tax rate (alternative) 19.70%

Capital tax
Base income tax rate Zurich 0.075%
Cantonal multiplier (2021) 100.00%
Communal multiplier (2021) 119.00%
Church tax multiplier (2021) 10.10%
Total cantonal and communal multipliers 229.10%

Total statutory capital tax rate 0.1718%

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PwC Tax Rates Page 2 of 3
Topic Source
Tax rate direct federal tax Art. 68 DFTC
Income tax rate Zurich cantonal and communal taxes § 71 TC ZH
Capital tax rate Zurich cantonal and communal taxes § 82 I TO ZH
Cantonal multiplier Zurich cantonal tax authorities
Communal mulitplier Zurich cantonal tax authorities
Church multiplier Zurich cantonal tax authorities