Cavmont Capital Holdings Zambia (LUS:CCHZ) Tax Expense : ZMW Mil (TTM As of . 20)

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What is Cavmont Capital Holdings Zambia Tax Expense?

Cavmont Capital Holdings Zambia's tax expense for the six months ended in . 20 was ZMW0.00 Mil.

Cavmont Capital Holdings Zambia Tax Expense Historical Data

The historical data trend for Cavmont Capital Holdings Zambia'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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Cavmont Capital Holdings Zambia Tax Expense Chart

Cavmont Capital Holdings Zambia Annual Data

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Cavmont Capital Holdings Zambia Semi-Annual Data

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Cavmont Capital Holdings Zambia 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.

Cavmont Capital Holdings Zambia (LUS:CCHZ) 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.

Cavmont Capital Holdings Zambia Tax Expense Related Terms

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Cavmont Capital Holdings Zambia (LUS:CCHZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Cavmont Capital Holdings Zambia PLC (LUS:CCHZ) » Definitions » Tax Expense

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Address

Anglo American Building 1st Floor, 74 Independence Avenue, Lusaka, ZMB, 38474

Website

http://www.cavmont.com.zm

Cavmont Capital Holdings Zambia PLC through its subsidiary, Cavmont Bank Limited, provides Corporate, investment, Retail banking, and Community banking services in Zambia. The company's product includes personal, business, treasury, credit and others. It also offers various services such as Payment Solutions and Treasury Services. Payment Solutions includes Real Time Gross Settlement, Direct Debit and Credit Clearing ( DDACC), Standing Order, Telegraphic Transfers, Drafts and Managers Cheques. Whereas Treasury Services offers Foreign Exchange, Investments, Government Paper and Financial Markets News.

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