Nuveen California AMT-Free Quality Municipalome Fund (Nuveen California AMT-Free Quality Municipalome Fund) Tax Expense : $0.00 Mil (TTM As of Aug. 2023)

Nuveen California AMT-Free Quality Municipalome Fund Tax Expense Chart

Nuveen California AMT-Free Quality Municipalome Fund Annual Data
	Trend	Feb14	Feb15	Feb16	Feb17	Feb18	Feb19	Feb20	Feb21	Feb22	Feb23
Tax Expense		Get a 7-Day Free Trial					-	-	-	-	-

Nuveen California AMT-Free Quality Municipalome Fund Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Tax Expense	Get a 7-Day Free Trial															-	-	-	-	-

Nuveen California AMT-Free Quality Municipalome Fund 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 Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.00 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.

Nuveen California AMT-Free Quality Municipalome Fund  (NYSE:NKX) 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.

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Nuveen California AMT-Free Quality Municipalome Fund (Nuveen California AMT-Free Quality Municipalome Fund) Business Description