Innovative Holdings Alliance (Innovative Holdings Alliance) Tax Expense : $ Mil (TTM As of Aug. 2023)

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

What is Innovative Holdings Alliance Tax Expense?

Innovative Holdings Alliance's tax expense for the six months ended in Aug. 2023 was $0.00 Mil.

Innovative Holdings Alliance Tax Expense Historical Data

The historical data trend for Innovative Holdings Alliance'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.

Innovative Holdings Alliance Tax Expense Chart

Innovative Holdings Alliance Annual Data

Trend

Tax Expense

Innovative Holdings Alliance Semi-Annual Data
	Aug22	Aug23
Tax Expense	-	-

Innovative Holdings Alliance 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.

Innovative Holdings Alliance (OTCPK:IHAI) 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.

Innovative Holdings Alliance Tax Expense Related Terms

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

Innovative Holdings Alliance (Innovative Holdings Alliance) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Innovative Holdings Alliance Inc (OTCPK:IHAI) » Definitions » Tax Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

12850 Hwy 9 North, Suite 600-462, Alpharetta, GA, USA, 30004

Website

https://www.innovativeholdingsalliance.com

Innovative Holdings Alliance Inc plans to participate in and acquire interests that are edge in their respective market niches and have expectations of enhancing shareholder value.

Innovative Holdings Alliance (Innovative Holdings Alliance) Headlines

From GuruFocus

Innovative Holdings Alliance, Inc. Announces Brand License Agreement with M2Bio Sciences

By ACCESSWIRE ACCESSWIRE • 03-20-2023

Innovative Holdings Alliance, Inc. Announces Letter of Intent with Premergy, Inc.

By ACCESSWIRE • 12-11-2023

Innovative Holdings Alliance, Inc. Announces Acquisition of the Assets of Premergy, Inc.

By ACCESSWIRE • 01-24-2024