GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Munshaat Real Estate Projects Co KSCC (KUW:MUNSHAAT) » Definitions » Tax Expense

Munshaat Real Estate Projects Co KSCC (KUW:MUNSHAAT) Tax Expense : KWD0.55 Mil (TTM As of Dec. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Munshaat Real Estate Projects Co KSCC Tax Expense?

Munshaat Real Estate Projects Co KSCC's tax expense for the months ended in Dec. 2024 was KWD0.37 Mil. Its tax expense for the trailing twelve months (TTM) ended in Dec. 2024 was KWD0.55 Mil.


Munshaat Real Estate Projects Co KSCC Tax Expense Historical Data

The historical data trend for Munshaat Real Estate Projects Co KSCC'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.

Munshaat Real Estate Projects Co KSCC Tax Expense Chart

Munshaat Real Estate Projects Co KSCC 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 0.39 0.09 0.65 0.59 0.55

Munshaat Real Estate Projects Co KSCC 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 0.01 0.08 0.06 0.04 0.37

Munshaat Real Estate Projects Co KSCC 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 KWD0.55 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.


Munshaat Real Estate Projects Co KSCC  (KUW:MUNSHAAT) 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.


Munshaat Real Estate Projects Co KSCC Tax Expense Related Terms

Thank you for viewing the detailed overview of Munshaat Real Estate Projects Co KSCC's Tax Expense provided by GuruFocus.com. Please click on the following links to see related term pages.


Munshaat Real Estate Projects Co KSCC Business Description

Traded in Other Exchanges
N/A
Address
Mubarak ALkabeer Street, ITS Tower, Mezzanine Floor, P.O Box 1393, Sharq, Dasman, Kuwait City, KWT, 15464
Munshaat Real Estate Projects Co KSCC is a real estate company. The company's operations predominantly consist of owning, selling and purchasing real estates and lands as well as developing them inside and outside Kuwait, and also managing the properties of others. The company is organized into two business segments - Real Estate segment comprises purchase, sale, development, renting, hotel operations and managing of properties; and Investment segment is involved in managing a portfolio of investments. Its primary geographic markets are Kuwait and Gulf Cooperation Council countries.

Munshaat Real Estate Projects Co KSCC Headlines

No Headlines