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Impact Development Group (TSXV:IMPT) Tax Rate % : -1.57% (As of Jun. 2023)


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What is Impact Development Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Impact Development Group's Tax Expense for the six months ended in Jun. 2023 was C$0.06 Mil. Impact Development Group's Pre-Tax Income for the six months ended in Jun. 2023 was C$-4.08 Mil. Therefore, Impact Development Group's Tax Rate % for the quarter that ended in Jun. 2023 was -1.57%.

Impact Development Group Tax Rate % Historical Data

The historical data trend for Impact Development Group'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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Impact Development Group Tax Rate % Chart

Impact Development Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Tax Rate %
-9.59 -3.76 -3.48 -1.26

Impact Development Group Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23
Tax Rate % Get a 7-Day Free Trial - - -7.40 -0.40 -1.57

Impact Development Group Tax Rate % Calculation

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

Impact Development Group's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=0.179/-14.16
=-1.26 %

Impact Development Group's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2023 )/Pre-Tax Income (Q: Jun. 2023 )
=0.064/-4.08
=-1.57 %

* 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.

Impact Development Group Tax Rate % Related Terms

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Impact Development Group (TSXV:IMPT) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Impact Development Group Inc (TSXV:IMPT) » Definitions » Tax Rate %
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Address
Edifice Península piso 4, oficina 4-10, Costa del Este, Panama City, PAN
Website
https://www.ihcpanama.com
Impact Development Group Inc Formerly Impact Housing Corp is a Panamanian-based real estate developer. It provides affordable housing supported by a longstanding subsidized government program with multiple product offerings. The principal business of IHC is to build and develop affordable and high-quality subsidized houses in the Republic of Panama to support the middle-class market.

Impact Development Group (TSXV:IMPT) Headlines

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