Vietnam Engine & Agricultural Machinery (HSTC:VEA) Tax Expense : ₫ Mil (TTM As of Dec. 2020)

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What is Vietnam Engine & Agricultural Machinery Tax Expense?

Vietnam Engine & Agricultural Machinery's tax expense for the months ended in Dec. 2020 was ₫0 Mil.

Vietnam Engine & Agricultural Machinery Tax Expense Historical Data

The historical data trend for Vietnam Engine & Agricultural Machinery'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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Vietnam Engine & Agricultural Machinery Tax Expense Chart

Vietnam Engine & Agricultural Machinery Annual Data

Trend

Dec19

Dec20

Tax Expense

96,255.63

201,246.11

Vietnam Engine & Agricultural Machinery Quarterly Data
	Dec19	Dec20
Tax Expense	-	-

Vietnam Engine & Agricultural Machinery 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.

Vietnam Engine & Agricultural Machinery (HSTC:VEA) 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.

Vietnam Engine & Agricultural Machinery Tax Expense Related Terms

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Vietnam Engine & Agricultural Machinery Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Vietnam Engine & Agricultural Machinery Corp (HSTC:VEA) » Definitions » Tax Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zone D Group D1, Phu Thuong Ward, Tay Ho District, HaNoi, VNM

Website

http://www.veamcorp.com

Vietnam Engine & Agricultural Machinery Corp is engaged in manufacturing and trading machinery and spare parts for agricultural, forestry and fishery production and transportation. Its products include VEAM cars, tractors, engine, agricultural machinery, and accessories.