Fintech Asia (LSE:FINA) Tax Expense : £ Mil (TTM As of Jun. 2024)

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What is Fintech Asia Tax Expense?

Fintech Asia's tax expense for the months ended in Jun. 2024 was £0.00 Mil.

Fintech Asia Tax Expense Historical Data

The historical data trend for Fintech Asia'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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Fintech Asia Tax Expense Chart

Fintech Asia Annual Data

Trend

Tax Expense

Fintech Asia Semi-Annual Data
	Dec21	Jun22	Dec22	Jun24
Tax Expense	-	-	-	-

Fintech Asia 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.

Fintech Asia (LSE:FINA) 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.

Fintech Asia Tax Expense Related Terms

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Fintech Asia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Fintech Asia Ltd (LSE:FINA) » Definitions » Tax Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Les Echelons Court, Les Echelons, Saint Peter Port, GGY, GY1 1AR

Website

https://www.fintechasialtd.com

Fintech Asia Ltd is an investment company. The principal activity of the company is to undertake the acquisition of one or more companies or businesses in the financial technology sector that offer new technologies that seek to improve and automate the delivery and use of financial services in Asia or from Asia into the Western economies. It is formed to undertake acquisitions of target companies or businesses in the Fintech sector.

Fintech Asia Headlines

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