Meme Vault (AQSE:MEME) Tax Expense : £ Mil (TTM As of . 20)

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What is Meme Vault Tax Expense?

Meme Vault's tax expense for the six months ended in . 20 was £0.00 Mil.

Meme Vault Tax Expense Historical Data

The historical data trend for Meme Vault'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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Meme Vault Tax Expense Chart

Meme Vault Annual Data

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Tax Expense

Meme Vault Semi-Annual Data

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Meme Vault 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.

Meme Vault (AQSE:MEME) 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.

Meme Vault Tax Expense Related Terms

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Meme Vault Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Meme Vault PLC (AQSE:MEME) » Definitions » Tax Expense

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Address

85 Great Portland Street, 1st Floor, London, GBR, W1W 7LT

Website

https://www.pitchpit.ai

Meme Vault PLC formerly, Pitch Pit PLC is launching an artificial intelligence (AI) and technology accelerator, known as the Pitch Pit Accelerator. The group is designed to foster growth for AI and technology ventures by identifying the right companies and management teams and assisting them to procure early-stage funding along with a comprehensive program focused on helping companies to grow, innovate, and progress.

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