Aura Renewable Acquisitions (LSE:ARA) Tax Expense : £ Mil (TTM As of Dec. 2023)

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What is Aura Renewable Acquisitions Tax Expense?

Aura Renewable Acquisitions's tax expense for the months ended in Dec. 2023 was £0.00 Mil.

Aura Renewable Acquisitions Tax Expense Historical Data

The historical data trend for Aura Renewable Acquisitions'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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Aura Renewable Acquisitions Tax Expense Chart

Aura Renewable Acquisitions Annual Data

Trend

Dec22

Dec23

Tax Expense

Aura Renewable Acquisitions Semi-Annual Data
	Jun23	Dec23
Tax Expense	-	-

Aura Renewable Acquisitions 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.

Aura Renewable Acquisitions (LSE:ARA) 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.

Aura Renewable Acquisitions Tax Expense Related Terms

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Aura Renewable Acquisitions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Aura Renewable Acquisitions PLC (LSE:ARA) » Definitions » Tax Expense

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Traded in Other Exchanges

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Address

Holborn Gate, 330 High Holborn, London, GBR, WC1V 7QH

Website

https://www.aurarenewables.com

Aura Renewable Acquisitions PLC will pursue opportunities to acquire businesses in the renewable energy sector. The company intends to consider opportunities within the renewable energy sector focusing on businesses operating in the global renewable energy sector supply chain, particularly participants in the wind, solar, biomass, hydropower and green hydrogen supply chain ranging from raw materials resourcing to power generation, energy storage and recycling.