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Phoenix Finance and Investments (DHA:PHOENIXFIN) Tax Expense : BDT Mil (TTM As of . 20)


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What is Phoenix Finance and Investments Tax Expense?

Phoenix Finance and Investments's tax expense for the six months ended in . 20 was BDT0.00 Mil.


Phoenix Finance and Investments Tax Expense Historical Data

The historical data trend for Phoenix Finance and Investments'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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Phoenix Finance and Investments Tax Expense Chart

Phoenix Finance and Investments Annual Data
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Tax Expense

Phoenix Finance and Investments Semi-Annual Data
Tax Expense

Phoenix Finance and Investments 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.


Phoenix Finance and Investments  (DHA:PHOENIXFIN) 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.


Phoenix Finance and Investments Tax Expense Related Terms

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Phoenix Finance and Investments (DHA:PHOENIXFIN) Business Description

Traded in Other Exchanges
N/A
Address
Eunoos Centre (Level- 11), 52-53, Dilkusha C/A, Dhaka, BGD, 1000
Phoenix Finance and Investments Ltd operates as a multi-product financial institution in Bangladesh. It invests through funding in capital machinery/equipment; and provides financial assistance through leasing and other multidimensional products. The company also extends Direct Finance such as Short Term Finance, Term Finance, Real Estate Finance and Factoring facilities to businesses, industrial units or individuals.

Phoenix Finance and Investments (DHA:PHOENIXFIN) Headlines

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