FFZY (Fansfrenzy) Tax Expense : $ Mil (TTM As of Aug. 2023)

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What is Fansfrenzy Tax Expense?

Fansfrenzy's tax expense for the months ended in Aug. 2023 was $0.00 Mil.

Fansfrenzy Tax Expense Historical Data

The historical data trend for Fansfrenzy'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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Fansfrenzy Tax Expense Chart

Fansfrenzy Annual Data

Trend

Tax Expense

Fansfrenzy Semi-Annual Data
	Aug23
Tax Expense	-

Fansfrenzy 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.

Fansfrenzy (OTCPK:FFZY) 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.

Fansfrenzy Tax Expense Related Terms

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Fansfrenzy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fansfrenzy Corp (OTCPK:FFZY) » Definitions » Tax Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

10040 W Cheyenne Avenue, Suite 170-162, Las Vegas, NV, USA, 89129

Website

https://www.fansfrenzy.com

Fansfrenzy Corp has a focus on natural resources in the province of British Columbia, Canada. It uses its status as a public company to acquire, hold, invest in, develop, and conduct business in undervalued assets.

Fansfrenzy Headlines

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