Corporacion Industrial de Energia CA (CAR:CIE) Tax Expense: VES Mil (TTM As of . 20)


What is Corporacion Industrial de Energia CA Tax Expense?

Corporacion Industrial de Energia CA CAR:CIE Tax Expense is VES Mil as of . 20.

Corporacion Industrial de Energia CA's tax expense for the months ended in . 20 was VES0.00 Mil.

Corporacion Industrial de Energia CA  (CAR:CIE) 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.

Corporacion Industrial de Energia CA Tax Expense Related Terms

Corporacion Industrial de Energia CA Tax Expense Historical Data

* Premium members only.

The historical data trend for Corporacion Industrial de Energia CA'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.

Corporacion Industrial de Energia CA Tax Expense Chart

Corporacion Industrial de Energia CA Annual Data
Trend
Tax Expense

Corporacion Industrial de Energia CA Quarterly Data
Tax Expense

Corporacion Industrial de Energia CA 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.

Frequently Asked Questions Learn more about Tax Expense →
What does a Tax Expense of VES Mil mean?
Corporacion Industrial de Energia CA (CAR:CIE) has a Tax Expense of VES Mil as of . 20. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Corporacion Industrial de Energia CA and its competitors.
Is Corporacion Industrial de Energia CA's Tax Expense too high?
Corporacion Industrial de Energia CA's current Tax Expense is VES Mil.
How does Corporacion Industrial de Energia CA's Tax Expense compare to PWVI?
Corporacion Industrial de Energia CA's Tax Expense of VES Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Expense for an Utilities - Regulated company?
A good Tax Expense depends on the Utilities - Regulated industry context. However, Tax Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Corporacion Industrial de Energia CA and its competitors. Corporacion Industrial de Energia CA's current Tax Expense is VES Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corporacion Industrial de Energia CA stock overvalued right now?
Corporacion Industrial de Energia CA (CAR:CIE) has a current Tax Expense of VES Mil. The current Tax Expense is VES Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Corporacion Industrial de Energia CA (CAR:CIE), the current Tax Expense is VES Mil as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Corporacion Industrial de Energia CA Business Description

Address Av. Francisco de Miranda, con Av. El Parque, Edif. Torre Country Club, Piso 12, Urb. El Bosque, Chacaito, Caracas, VEN
Corporacion Industrial de Energia CA is engaged in electric, gas and water services.