Trans Iraq Bank for Investment (IQS:BTRI) Tax Expense : ع.د Mil (TTM As of . 20)

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What is Trans Iraq Bank for Investment Tax Expense?

Trans Iraq Bank for Investment's tax expense for the six months ended in . 20 was ع.د0.00 Mil.

Trans Iraq Bank for Investment Tax Expense Historical Data

The historical data trend for Trans Iraq Bank for Investment'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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Trans Iraq Bank for Investment Tax Expense Chart

Trans Iraq Bank for Investment Annual Data

Trend

Tax Expense

Trans Iraq Bank for Investment Semi-Annual Data

Tax Expense

Trans Iraq Bank for Investment 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.

Trans Iraq Bank for Investment (IQS:BTRI) 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.

Trans Iraq Bank for Investment Tax Expense Related Terms

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Trans Iraq Bank for Investment (IQS:BTRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Trans Iraq Bank for Investment (IQS:BTRI) » Definitions » Tax Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Street 99, Al-Bataween, District 903, Building 192/222, Baghdad, IRQ

Website

https://www.tib.iq

Trans Iraq Bank for Investment is a financial institution that provides corporate banking, investment banking, personal banking, and credit department to its customers. The bank also provides issuance of Visa card, and Internet banking under its electronic services.

Trans Iraq Bank for Investment (IQS:BTRI) Headlines

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