COLCF (Cool Chips) Tax Expense : $ Mil (TTM As of . 20)

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

What is Cool Chips Tax Expense?

Cool Chips's tax expense for the months ended in . 20 was $0.00 Mil.

Cool Chips Tax Expense Historical Data

The historical data trend for Cool Chips'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.

Cool Chips Tax Expense Chart

Cool Chips Annual Data

Trend

Tax Expense

Cool Chips Quarterly Data

Tax Expense

Cool Chips 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.

Cool Chips (OTCPK:COLCF) 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.

Cool Chips Tax Expense Related Terms

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

Cool Chips Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Cool Chips PLC (OTCPK:COLCF) » Definitions » Tax Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Corral Road, Suite 3G, Eurolife Building, Gibraltar, GIB

Website

http://www.coolchips.gi

Cool Chips PLC is engaged in developing and commercializing the Cool Chip technology for cooling, refrigeration, and thermal management. Cool Chips, which are very small, solid-state heat pumps, are designed to replace conventional compressors virtually everywhere they are used.

Cool Chips Headlines

No Headlines