Lithium Americas (TSX:LAC) Tax Rate % : 0.00% (As of Dec. 2023)

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What is Lithium Americas Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Lithium Americas's Tax Expense for the three months ended in Dec. 2023 was C$0.00 Mil. Lithium Americas's Pre-Tax Income for the three months ended in Dec. 2023 was C$-17.31 Mil. Therefore, Lithium Americas's Tax Rate % for the quarter that ended in Dec. 2023 was 0.00%.

Lithium Americas Tax Rate % Historical Data

The historical data trend for Lithium Americas's Tax Rate % 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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Lithium Americas Tax Rate % Chart

Lithium Americas Annual Data

Trend

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Dec23

Tax Rate %

Lithium Americas Quarterly Data
	Dec20	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
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Lithium Americas Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Lithium Americas's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	0	/	-5.278
	=	0.00 %

Lithium Americas's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	0	/	-17.308
	=	0.00 %

Lithium Americas Tax Rate % Related Terms

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Lithium Americas (TSX:LAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Americas Corp (TSX:LAC) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

LAC:USA WUC:Germany WUC:Germany

Address

900 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6C 1E5

Website

https://www.lithiumamericas.com

Lithium Americas is a pure-play lithium producer. The firm owns one resource, Thacker Pass, that is located in northwest Nevada. Thacker Pass recently began construction and is expected to begin production in the mid-2020s. Thacker Pass is one of the largest known lithium resources in the world. The project would be the first clay-based asset to enter production, and we estimate it will be in bottom half of the global cost curve. Management plans to develop Thacker Pass into a fully integrated lithium production site, with downstream refining capabilities on site, and will sell into the lithium chemical market.