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Tuscany International Drilling, (FRA:TS1) Tax Rate % : -2.34% (As of Mar. 2014)


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What is Tuscany International Drilling, Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tuscany International Drilling,'s Tax Expense for the three months ended in Mar. 2014 was €0.1 Mil. Tuscany International Drilling,'s Pre-Tax Income for the three months ended in Mar. 2014 was €-4.3 Mil. Therefore, Tuscany International Drilling,'s Tax Rate % for the quarter that ended in Mar. 2014 was -2.34%.


Tuscany International Drilling, Tax Rate % Historical Data

The historical data trend for Tuscany International Drilling,'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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Tuscany International Drilling, Tax Rate % Chart

Tuscany International Drilling, Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13
Tax Rate %
- -2.11 -138.46 11.76 -13.18

Tuscany International Drilling, Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 -81.85 -235.18 2.59 -11.16 -2.34

Tuscany International Drilling, Tax Rate % Calculation

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

Tuscany International Drilling,'s Tax Rate % for the fiscal year that ended in Dec. 2013 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2013 )/Pre-Tax Income (A: Dec. 2013 )
=15.134/-114.823
=-13.18 %

Tuscany International Drilling,'s Tax Rate % for the quarter that ended in Mar. 2014 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2014 )/Pre-Tax Income (Q: Mar. 2014 )
=0.1/-4.282
=-2.34 %

* 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.


Tuscany International Drilling, Tax Rate % Related Terms

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Tuscany International Drilling, (FRA:TS1) Business Description

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Address
Tuscany International Drilling Inc was incorporated on April 6, 2004, pursuant to the provisions of the Business Corporations Act Alberta. The company is a Canadian-based oilfield services company; offering drilling, completion and workover services to the oil and natural gas industry, in South America. It is comprised of 26 owned drilling and workover rigs. It competes directly with various international and local companies in each region in which it operate.

Tuscany International Drilling, (FRA:TS1) Headlines

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