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Compagnia Dei Caraibi SpA (MIL:TIME) Tax Expense : €0.49 Mil (TTM As of Jun. 2023)


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What is Compagnia Dei Caraibi SpA Tax Expense?

Compagnia Dei Caraibi SpA's tax expense for the months ended in Jun. 2023 was €0.15 Mil. Its tax expense for the trailing twelve months (TTM) ended in Jun. 2023 was €0.49 Mil.


Compagnia Dei Caraibi SpA Tax Expense Historical Data

The historical data trend for Compagnia Dei Caraibi SpA'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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Compagnia Dei Caraibi SpA Tax Expense Chart

Compagnia Dei Caraibi SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Tax Expense
0.49 0.53 1.15 1.11

Compagnia Dei Caraibi SpA Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Tax Expense Get a 7-Day Free Trial 0.36 0.79 0.77 0.34 0.15

Compagnia Dei Caraibi SpA 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.49 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.


Compagnia Dei Caraibi SpA  (MIL:TIME) 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.


Compagnia Dei Caraibi SpA Tax Expense Related Terms

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Compagnia Dei Caraibi SpA (MIL:TIME) Business Description

Traded in Other Exchanges
N/A
Address
Via Ribes, 3, Colleretto Giacosa, ITA, 10100
Compagnia Dei Caraibi SpA is engaged in the import, development, brand building and distribution of premium spirits, wines and soft drinks premium and ultra premium from all over the world.

Compagnia Dei Caraibi SpA (MIL:TIME) Headlines

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