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Life & Banc Split (TSX:LBS) Tax Rate % : 0.00% (As of Dec. 2023)


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What is Life & Banc Split Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Life & Banc Split's Tax Expense for the six months ended in Dec. 2023 was C$0.00 Mil. Life & Banc Split's Pre-Tax Income for the six months ended in Dec. 2023 was C$40.30 Mil. Therefore, Life & Banc Split's Tax Rate % for the quarter that ended in Dec. 2023 was 0.00%.

Life & Banc Split Tax Rate % Historical Data

The historical data trend for Life & Banc Split'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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Life & Banc Split Tax Rate % Chart

Life & Banc Split Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
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Life & Banc Split Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Life & Banc Split Tax Rate % Calculation

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

Life & Banc Split'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 )
=0/81.249
=0.00 %

Life & Banc Split'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 )
=0/40.302
=0.00 %

* 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.

Life & Banc Split Tax Rate % Related Terms

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Life & Banc Split (TSX:LBS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Life & Banc Split Corp (TSX:LBS) » Definitions » Tax Rate %
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Traded in Other Exchanges
LBS.PR.A:Canada
Address
181 Bay Street, Brookfield Place, Suite 2930, P.O. Box 793, Bay Wellington Tower, Toronto, ON, CAN, M5J 2T3
Website
https://www.bromptongroup.com
Life & Banc Split Corp is a mutual fund company. Its investment objectives are to provide holders of preferred shares with fixed cumulative preferential quarterly cash distributions and to return the original issue price on the maturity date and to provide holders of Class A shares with regular monthly cash distributions and the opportunity for capital appreciation. Primarily, it invests in a portfolio comprising of common shares of Canadian banks and publicly traded Canadian life insurance companies.

Life & Banc Split (TSX:LBS) Headlines

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