GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Imax Corp (NYSE:IMAX) » Definitions » Tax Expense

Imax (IMAX) Tax Expense : $5.0 Mil (TTM As of Dec. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Imax Tax Expense?

Imax's tax expense for the months ended in Dec. 2024 was $1.5 Mil. Its tax expense for the trailing twelve months (TTM) ended in Dec. 2024 was $5.0 Mil.


Imax Tax Expense Historical Data

The historical data trend for Imax'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.

Imax Tax Expense Chart

Imax Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.50 20.56 10.11 13.05 5.00

Imax Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.85 5.16 -4.00 2.38 1.46

Imax 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.

Tax Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.0 Mil.

* 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.


Imax  (NYSE:IMAX) 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.


Imax Tax Expense Related Terms

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


Imax Business Description

Traded in Other Exchanges
Address
2525 Speakman Drive, Mississauga, ON, CAN, L5K 1B1
Imax Corp is a premier global technology platform for entertainment and events. Through its proprietary software, auditorium architecture, patented intellectual property, and specialized equipment, IMAX offers a unique end-to-end solution to create superior, immersive content experiences for which the IMAX brand is globally renowned. Top filmmakers, movie studios, artists, and creators utilize the cutting-edge visual and sound technology of IMAX to connect with audiences in innovative ways. The Company leverages its proprietary technology and engineering in all aspects of its business, which principally consists of the IMAX film remastering and the sale or lease of premium IMAX theater systems.
Executives
Kenneth Ian Weissman officer: Sr VP & Corporate Secretary 902 BROADWAY AVE, 20TH FLOOR, NEW YORK NY 10010-6002
Robert D Lister officer: Exec VP Bus&Legal Affairs 902 BROADWAY, 20TH FLOOR, C/O IMAX CORP, NEW YORK NY 10022
Natasha Fernandes officer: Chief Financial Officer 2525 SPEAKMAN DRIVE, MISSISSAUGA A6 L5K1B1
Mark Welton officer: Executive Vice President 2525 SPEAKMAN DRIVE, C/O IMAX CORP, MISSISSAUGA A6 L5K 1B1
Calamera Pablo officer: CTO & EVP C/O IMAX CORPORATION, 902 BROADWAY, FLOOR 20, NEW YORK NY 10010
Richard L Gelfond director, officer: Chief Executive Officer 902 BROADWAY, 20TH FLOOR, IMAX CORPORATION, NEW YORK NY 10010-6002
Denny Tu officer: Chief Marketing Officer 12582 WEST MILLENNIUM DRIVE, PLAYA VISTA CA 90094
Daniel Manwaring officer: CEO, IMAX China Holding, Inc. IMAX CORPORATION, 902 BROADWAY, FLOOR 20, NEW YORK NY 10010
Jennifer L. Wong director C/O TIME INC., 225 LIBERTY STREET, NEW YORK NY 10281
Elizabeth Gitajn officer: SVP, Finance & Controller 2525 SPEAKMAN DRIVE, MISSISSAUGA, ONTARIO Z4 L5K 1B1
Gail Berman director 902 BROADWAY, FLOOR 20, NEW YORK NY 10010
Michele Golden officer: Global Chief People Officer 902 BROADWAY, FLOOR 20, NEW YORK NY 10010
Jacqueline Bassani officer: Chief People Officer 2525 SPEAKMAN DRIVE, MISSISSAUGA A6 L5K1B1
Steve Pamon director 1241 E MAIN ST, STAMFORD CT 06902-3520
Giovanni M. Dolci officer: Head of Global Sales THIRD FLOOR, D'OLIER CHAMBERS, 16A D'OLIER STREET, DUBLIN L2 D02 H589

Imax Headlines