Assurant (NYSE:AIZ) Tax Expense

: $72 Mil (TTM As of Dec. 2022)

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Assurant's tax expense for the months ended in Dec. 2022 was $28 Mil. Its tax expense for the trailing twelve months (TTM) ended in Dec. 2022 was $72 Mil.

Assurant Tax Expense Historical Data

The historical data trend for Assurant'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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Assurant Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Expense

80.90

148.30

58.70

168.40

73.30

Assurant Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Tax Expense																34.60	25.30	17.70	1.20	28.20

Assurant 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.

Tax Expense for the trailing twelve months (TTM) ended in Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $72 Mil.

Assurant (NYSE:AIZ) 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.

Assurant Tax Expense Related Terms

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Assurant (NYSE:AIZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Assurant Inc (NYSE:AIZ) » Definitions » Tax Expense

Comparable Companies

Traded in Other Exchanges

AIZP.PFD:USA ZAS:Germany

Address

55 Broadway, Suite 2901, New York, NY, USA, 10006

Website

https://www.assurant.com

Assurant Inc offers a range of property-casualty, health, employee benefit, and warranty insurance to a client base made up of individuals and institutions. Its segments are Global Housing, Global Lifestyle, Corporate and Other. Global Housing segment, the key revenue-generating segment, provides lender-placed homeowners insurance, lender-placed manufactured housing insurance and lender-placed flood insurance; renters insurance and related products; and voluntary manufactured housing insurance, voluntary homeowners insurance and other specialty products. Global Lifestyle provides mobile device solutions and extended service products and related services for mobile devices, consumer electronics and appliances; vehicle protection; and credit protection and other insurance products.

Executives

Sari Beth Granat	director	C/O MARKIT LTD, 4TH FL, ROPEMAKER PLACE, 25 ROPEMAKER STREET, LONDON X0 EC2Y 9LY
Keith Meier	officer: EVP, COO	C/O ASSURANT, INC., 55 BROADWAY, SUITE 2901, NEW YORK NY 10006
Dimitry Dirienzo	officer: SVP, CAO, Controller	C/O ASSURANT, INC., 28 LIBERTY ST. 41 F., NEW YORK NY 10005
Jay Rosenblum	officer: EVP and CLO	C/O ASSURANT, INC., 28 LIBERTY ST, 41ST FL., NEW YORK NY 10005
Francesca Luthi	officer: EVP, CAO	1180 NORTH TOWN CENTER DRIVE, SUITE 100, LAS VEGAS NV 89144
Carter J Braxton Ii	director	C/O T-MOBILE US, INC., 12920 SE 38TH STREET, BELLEVUE WA 98006
Paget Leonard Alves	director	SPRINT NEXTEL, 6200 SPRINT PARKWAY KSOPHF0410 - 4A403, OVERLAND PARK KS 66251
Ognjen Redzic	director	C/O ASSURANT, INC., 28 LIBERTY STREET, 41ST FL., NEW YORK NY 10005
Tammy L. Schultz	officer: EVP	C/O ASSURANT, INC.,28 LIBERTY STREET, 41ST FLOOR, NEW YORK NY 10005
Robert Lonergan	officer: EVP, other: Chief Strategy Officer	C/O ASSURANT, INC.,28 LIBERTY STREET, 41ST FLOOR, NEW YORK NY 10005
Michael P. Campbell	officer: EVP	C/O ASSURANT, INC.,28 LIBERTY STREET, 41ST FLOOR, NEW YORK NY 10005
Keith Demmings	officer: EVP	C/O ASSURANT, INC.,28 LIBERTY STREET, NEW YORK NY 10005
Peter Mcgoohan	director	301 COMMERCE STREET,SUITE 3300, FORT WORTH TX 76102
Eric W Leathers	director	54 THOMPSON ST, NEW YORK NY 10012
Tpg Advisors Vi-aiv, Inc.	10 percent owner	301 COMMERCE STREET, FORT WORTH TX 76102