AHFI (Absolute Health and Fitness) Tax Expense : $ Mil (TTM As of . 20)

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What is Absolute Health and Fitness Tax Expense?

Absolute Health and Fitness's tax expense for the months ended in . 20 was $0.00 Mil.

Absolute Health and Fitness Tax Expense Historical Data

The historical data trend for Absolute Health and Fitness's Tax Expense 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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Absolute Health and Fitness Tax Expense Chart

Absolute Health and Fitness Annual Data

Trend

Tax Expense

Absolute Health and Fitness Quarterly Data

Tax Expense

Absolute Health and Fitness Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Absolute Health and Fitness (OTCPK:AHFI) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.

Absolute Health and Fitness Tax Expense Related Terms

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Absolute Health and Fitness Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Absolute Health and Fitness Inc (OTCPK:AHFI) » Definitions » Tax Expense

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Traded in Other Exchanges

N/A

Address

1333 North Buffalo Drive, Suite 210, Las Vegas, NV, USA, 89128

Website

https://www.ahfimerger.com

Absolute Health and Fitness Inc is a shell company.

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