GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Albaraka Turk Katilim Bankasi AS (IST:ALBRK) » Definitions » Tax Expense

Albaraka Turk Katilim Bankasi AS (IST:ALBRK) Tax Expense : ₺1,715 Mil (TTM As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Albaraka Turk Katilim Bankasi AS Tax Expense?

Albaraka Turk Katilim Bankasi AS's tax expense for the months ended in Dec. 2023 was ₺304 Mil. Its tax expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₺1,715 Mil.


Albaraka Turk Katilim Bankasi AS Tax Expense Historical Data

The historical data trend for Albaraka Turk Katilim Bankasi AS's Tax Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Albaraka Turk Katilim Bankasi AS Tax Expense Chart

Albaraka Turk Katilim Bankasi AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.68 73.79 -12.66 960.09 1,714.58

Albaraka Turk Katilim Bankasi AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tax Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 463.09 68.95 563.88 778.07 303.69

Albaraka Turk Katilim Bankasi AS Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺1,715 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Albaraka Turk Katilim Bankasi AS  (IST:ALBRK) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Albaraka Turk Katilim Bankasi AS Tax Expense Related Terms

Thank you for viewing the detailed overview of Albaraka Turk Katilim Bankasi AS's Tax Expense provided by GuruFocus.com. Please click on the following links to see related term pages.


Albaraka Turk Katilim Bankasi AS (IST:ALBRK) Business Description

Traded in Other Exchanges
N/A
Address
Saray Mah, Dr. Adnan Buyukdeniz Cad. No: 6, Umraniye, Istanbul, TUR, 34768
Albaraka Turk Katilim Bankasi AS is a Turkey-based finance institution engaged in banking services such as current & participation accounts, vehicle financing, consumer financing, electronic fund transfer, safe deposit boxes, insurance, credit cards, and Internet banking & phone banking. The bank operates in Retail, Commercial & Corporate, and Treasury banking segments.

Albaraka Turk Katilim Bankasi AS (IST:ALBRK) Headlines

No Headlines