LVCE (Livecare) Tax Expense : $ Mil (TTM As of . 20)

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What is Livecare Tax Expense?

Livecare's tax expense for the six months ended in . 20 was $0.00 Mil.

Livecare Tax Expense Historical Data

The historical data trend for Livecare'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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Livecare Tax Expense Chart

Livecare Annual Data

Trend

Tax Expense

Livecare Semi-Annual Data

Tax Expense

Livecare 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.

Livecare (OTCPK:LVCE) 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.

Livecare Tax Expense Related Terms

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Livecare Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Livecare Inc (OTCPK:LVCE) » Definitions » Tax Expense

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Traded in Other Exchanges

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Address

1500 East Venice Avenues, Suite 411, Venice, FL, USA, 94292

Website

https://www.livecarehealth.com

Livecare Inc is a chronic care service and technology provider of diabetes epidemic solutions in the Gulf Cooperation Council countries. Through visibility into daily health status, proactive real-time communication, personalized support, and programs designed, the company engages diabetics in their overall wellness.