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Norandaome Fund (TSX:NIF.UN) Tax Rate % : 10.29% (As of Sep. 2022)


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What is Norandaome Fund Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Norandaome Fund's Tax Expense for the three months ended in Sep. 2022 was C$-2 Mil. Norandaome Fund's Pre-Tax Income for the three months ended in Sep. 2022 was C$-23 Mil. Therefore, Norandaome Fund's Tax Rate % for the quarter that ended in Sep. 2022 was 10.29%.

Norandaome Fund Tax Rate % Historical Data

The historical data trend for Norandaome Fund'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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Norandaome Fund Tax Rate % Chart

Norandaome Fund Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.46 26.42 -333.84 22.60 22.86

Norandaome Fund Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Tax Rate % 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 40.73 21.20 23.17 22.73 10.29

Norandaome Fund Tax Rate % Calculation

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

Norandaome Fund's Tax Rate % for the fiscal year that ended in Dec. 2021 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2021 )/Pre-Tax Income (A: Dec. 2021 )
=-11.436/-50.029
=22.86 %

Norandaome Fund's Tax Rate % for the quarter that ended in Sep. 2022 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2022 )/Pre-Tax Income (Q: Sep. 2022 )
=-2.317/-22.52
=10.29 %

* 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.

Norandaome Fund Tax Rate % Related Terms

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Norandaome Fund (TSX:NIF.UN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Noranda Income Fund (TSX:NIF.UN) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
100 King Street West, First Canadian Place, Suite 6900, P.O. Box 403, Toronto, ON, CAN, M5X 1E3
Website
https://www.norandaincomefund.com
Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.

Norandaome Fund (TSX:NIF.UN) Headlines

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