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Itoco (ITMC) Tax Rate % : -2.73% (As of Sep. 2010)


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What is Itoco Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Itoco's Tax Expense for the three months ended in Sep. 2010 was $-0.00 Mil. Itoco's Pre-Tax Income for the three months ended in Sep. 2010 was $0.11 Mil. Therefore, Itoco's Tax Rate % for the quarter that ended in Sep. 2010 was -2.73%.

Itoco Tax Rate % Historical Data

The historical data trend for Itoco'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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Itoco Tax Rate % Chart

Itoco Annual Data
Trend Dec08 Dec09
Tax Rate %
33.70 -0.75

Itoco Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -13.64 -3.92 11.73 -23.19 -2.73

Itoco Tax Rate % Calculation

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

Itoco's Tax Rate % for the fiscal year that ended in Dec. 2009 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2009 )/Pre-Tax Income (A: Dec. 2009 )
=0.018/-2.394
=-0.75 %

Itoco's Tax Rate % for the quarter that ended in Sep. 2010 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2010 )/Pre-Tax Income (Q: Sep. 2010 )
=-0.003/0.11
=-2.73 %

* 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.

Itoco Tax Rate % Related Terms

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Itoco (ITMC) Business Description

Industry
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Traded in Other Exchanges
N/A
Address
50 West Liberty Street, Suite 880, Reno, NV, USA, 89501
Website
https://www.itoco.net
Itoco Inc is focused on developing and bringing biotech products to the market via co-development and joint venture arrangements with various companies. The company is currently examining various technologies that seek to control and/or identify bio-contaminants such as viruses and bacteria.