GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » abrdn New Dawn Investment Trust PLC (LSE:ABD) » Definitions » Tax Expense

abrdn New Dawn Investment Trust (LSE:ABD) Tax Expense : £0.34 Mil (TTM As of Apr. 2023)


View and export this data going back to 1989. Start your Free Trial

What is abrdn New Dawn Investment Trust Tax Expense?

abrdn New Dawn Investment Trust's tax expense for the months ended in Apr. 2023 was £0.18 Mil. Its tax expense for the trailing twelve months (TTM) ended in Apr. 2023 was £0.34 Mil.


abrdn New Dawn Investment Trust Tax Expense Historical Data

The historical data trend for abrdn New Dawn Investment Trust'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.

abrdn New Dawn Investment Trust Tax Expense Chart

abrdn New Dawn Investment Trust Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.46 0.62 0.37 0.34

abrdn New Dawn Investment Trust Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
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 0.39 0.17 0.20 0.16 0.18

abrdn New Dawn Investment Trust 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 Apr. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.34 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.


abrdn New Dawn Investment Trust  (LSE:ABD) 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.


abrdn New Dawn Investment Trust Tax Expense Related Terms

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


abrdn New Dawn Investment Trust (LSE:ABD) Business Description

Traded in Other Exchanges
N/A
Address
280 Bishopsgate, London, GBR, EC2M 4AG
abrdn New Dawn Investment Trust PLC is a closed-end investment company. The company's investment objective is to provide shareholders with a high level of capital growth through equity investment in the Asia Pacific countries excluding Japan. Geographically, it has a presence in China, Hong Kong, India, Singapore, Australia, South Korea, Taiwan, Indonesia, Philippines, Thailand, Vietnam, Sri Lanka, Malaysia, New Zealand, Myanmar, and Other Asia. It invests in various sectors, some of which include Aerospace and Defence, Automobiles, Banks, Biotechnology, Capital Markets, Chemicals, and others.

abrdn New Dawn Investment Trust (LSE:ABD) Headlines

No Headlines