Isle of Capri Casinos (Isle of Capri Casinos) Tax Expense : $-14 Mil (TTM As of Jan. 2017)

Isle of Capri Casinos Tax Expense Chart

Isle of Capri Casinos Annual Data
	Trend	Apr07	Apr08	Apr09	Apr10	Apr11	Apr12	Apr13	Apr14	Apr15	Apr16
Tax Expense		Get a 7-Day Free Trial					15.12	6.73	-18.49	1.11	4.18

Isle of Capri Casinos Quarterly Data
	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17
Tax Expense	Get a 7-Day Free Trial															0.90	1.53	1.05	-17.75	1.59

Isle of Capri Casinos 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 Jan. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-14 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.

Isle of Capri Casinos  (NAS:ISLE) 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.

Isle of Capri Casinos Tax Expense Related Terms

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Isle of Capri Casinos (Isle of Capri Casinos) Business Description