VFD Group (NSA:VFDGROUP) Tax Expense : ₦ Mil (TTM As of . 20)

View and export this data going back to 2023. Start your Free Trial

What is VFD Group Tax Expense?

VFD Group's tax expense for the six months ended in . 20 was ₦0.00 Mil.

VFD Group Tax Expense Historical Data

The historical data trend for VFD Group'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.

* Premium members only.

VFD Group Tax Expense Chart

VFD Group Annual Data

Trend

Tax Expense

VFD Group Semi-Annual Data

Tax Expense

VFD Group 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.

VFD Group (NSA:VFDGROUP) 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.

VFD Group Tax Expense Related Terms

Thank you for viewing the detailed overview of VFD Group's Tax Expense provided by GuruFocus.com. Please click on the following links to see related term pages.

VFD Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » VFD Group Plc (NSA:VFDGROUP) » Definitions » Tax Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Macgregor Road, Ikoyi, Lagos, NGA

Website

https://www.vfdgroup.com

VFD Group Plc is a company whose business is to create value in the Nigerian and African informal sectors while developing innovative and accessible products and solutions in the formal sector. Their diverse portfolio, which includes financial services, asset management, real estate, and Fintech, to name a few, represents a uniquely diversified investment bouquet that helps them manage risk and allows them to build an ecosystem with various complementary offerings.

VFD Group Headlines

No Headlines