GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Global Lithium Resources Ltd (ASX:GL1) » Definitions » Tax Expense

Global Lithium Resources (ASX:GL1) Tax Expense : A$0.00 Mil (TTM As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Global Lithium Resources Tax Expense?

Global Lithium Resources's tax expense for the months ended in Dec. 2023 was A$0.00 Mil. Its tax expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.00 Mil.


Global Lithium Resources Tax Expense Historical Data

The historical data trend for Global Lithium Resources'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.

* Premium members only.

Global Lithium Resources Tax Expense Chart

Global Lithium Resources Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Tax Expense
- - - -

Global Lithium Resources Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Expense Get a 7-Day Free Trial - - - - -

Global Lithium Resources 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 Mil.

* 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.


Global Lithium Resources  (ASX:GL1) 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.


Global Lithium Resources Tax Expense Related Terms

Thank you for viewing the detailed overview of Global Lithium Resources's Tax Expense provided by GuruFocus.com. Please click on the following links to see related term pages.


Global Lithium Resources Business Description

Traded in Other Exchanges
N/A
Address
16 Ventnor Avenue, Level 1, Perth, WA, AUS, 6005
Global Lithium Resources Ltd is an emerging lithium exploration company with a focus on the Marble Bar Lithium Project in the Pilbara region of Western Australia and an interest in the exploration rights and future mining rights to lithium and lithium associated comineral rights in the Manna Lithium Project.

Global Lithium Resources Headlines

No Headlines