Namibia Asset Management (NAM:NAM) Tax Expense : R Mil (TTM As of . 20)

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What is Namibia Asset Management Tax Expense?

Namibia Asset Management's tax expense for the six months ended in . 20 was R0.00 Mil.

Namibia Asset Management Tax Expense Historical Data

The historical data trend for Namibia Asset Management'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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Namibia Asset Management Tax Expense Chart

Namibia Asset Management Annual Data

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Namibia Asset Management Semi-Annual Data

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Namibia Asset Management 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.

Namibia Asset Management (NAM:NAM) 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.

Namibia Asset Management Tax Expense Related Terms

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Namibia Asset Management Business Description

Industry

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Address

C/o DR AB May Street and Corner of Robert Mugabe Avenue, 1st Floor, Millennium House, Windhoek, NAM

Website

https://www.namasset.com.na

Namibia Asset Management is a Namibia-based asset management company offering a range of segregated and pooled products with exposure to domestic, regional, and international equity, as well as fixed interest and listed property. It has various unit trust funds with different investment objectives such as Income, Income and Growth, and Long-term Growth, providing investors with various investment options. The company also manages institutional assets on behalf of its clients including pension and provident funds, medical aid schemes, and trusts. It is currently organized into one operating segment, asset management, and all of its operations are located in Namibia.

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