Distribuzione Elettrica Adriatica SpA (MIL:DEA) Tax Expense : € Mil (TTM As of Dec. 2023)

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What is Distribuzione Elettrica Adriatica SpA Tax Expense?

Distribuzione Elettrica Adriatica SpA's tax expense for the months ended in Dec. 2023 was €0.00 Mil.

Distribuzione Elettrica Adriatica SpA Tax Expense Historical Data

The historical data trend for Distribuzione Elettrica Adriatica 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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Distribuzione Elettrica Adriatica SpA Tax Expense Chart

Distribuzione Elettrica Adriatica SpA Annual Data

Trend

Dec22

Dec23

Tax Expense

0.41

1.35

Distribuzione Elettrica Adriatica SpA Semi-Annual Data
	Dec22	Dec23	Jun24
Tax Expense	-	-	1.60

Distribuzione Elettrica Adriatica 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.

Distribuzione Elettrica Adriatica SpA (MIL:DEA) 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.

Distribuzione Elettrica Adriatica SpA Tax Expense Related Terms

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Distribuzione Elettrica Adriatica SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Distribuzione Elettrica Adriatica SpA (MIL:DEA) » Definitions » Tax Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Guazzatore no. 159, Osimo, ITA, 60027

Website

https://www.deaelettrica.it

Distribuzione Elettrica Adriatica SpA is a Italy based company. Its activity is divided into two distinct business lines dedicated, respectively, to the distribution of electricity (Distribution Electrical Energy) and public lighting (Public Lighting). In the distribution of electricity, The company deals with the activities relating to the operation, maintenance and development of medium voltage (MV) and low voltage (LV) infrastructures with the objective of allowing the transport of electricity from the substations of the distribution networks to the withdrawal points (PoD). The public lighting includes design, construction and maintenance of public lighting systems, by virtue of obtaining concessions from the relevant municipalities.