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Banque Internationale Arabe de Tunisie (LSE:BIND) Tax Expense : $88.5 Mil (TTM As of Dec. 2023)


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What is Banque Internationale Arabe de Tunisie Tax Expense?

Banque Internationale Arabe de Tunisie's tax expense for the six months ended in Dec. 2023 was $88.5 Mil. Its tax expense for the trailing twelve months (TTM) ended in Dec. 2023 was $88.5 Mil.


Banque Internationale Arabe de Tunisie Tax Expense Historical Data

The historical data trend for Banque Internationale Arabe de Tunisie'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.

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Banque Internationale Arabe de Tunisie Tax Expense Chart

Banque Internationale Arabe de Tunisie 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 40.03 32.29 28.21 66.56 88.49

Banque Internationale Arabe de Tunisie Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 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 40.03 32.29 28.21 66.56 88.49

Banque Internationale Arabe de Tunisie 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Tax Expense for the trailing twelve months (TTM) ended in Dec. 2023 was $88.5 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.


Banque Internationale Arabe de Tunisie  (LSE:BIND) 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.


Banque Internationale Arabe de Tunisie Tax Expense Related Terms

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Banque Internationale Arabe de Tunisie (LSE:BIND) Business Description

Traded in Other Exchanges
Address
70-72 Avenue Habib Bourguiba, Tunis, TUN, 1000
Banque Internationale Arabe de Tunisie SA is a Tunisia-based banking services provider. The crux of its operations involves Retail Banking and Funding and Investment Banking Business which are also its operating segments. Under the Retail Banking umbrella, it provides deposit products and loans to individuals, as well as the agriculture and fishing, industry, construction, olive oil, trading, tourism, transport, telecom, service, and other sectors. The Investment Banking services include corporate finance, venture capital, a securities portfolio and financial holdings management, asset management, debt recovery. The bank generates a majority of its revenue in the form of interest incomes.

Banque Internationale Arabe de Tunisie (LSE:BIND) Headlines

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