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RASLQ.PFD (RAIT Financial Trust) Tax Expense : $0.19 Mil (TTM As of Jun. 2019)


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What is RAIT Financial Trust Tax Expense?

RAIT Financial Trust's tax expense for the months ended in Jun. 2019 was $0.00 Mil. Its tax expense for the trailing twelve months (TTM) ended in Jun. 2019 was $0.19 Mil.


RAIT Financial Trust Tax Expense Historical Data

The historical data trend for RAIT Financial Trust'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.

RAIT Financial Trust Tax Expense Chart

RAIT Financial Trust Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.15 2.80 2.55 -0.86 0.19

RAIT Financial Trust Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
Tax Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.15 0.03 - -

RAIT Financial Trust 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.19 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.


RAIT Financial Trust  (OTCPK:RASLQ.PFD) 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.


RAIT Financial Trust Tax Expense Related Terms

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RAIT Financial Trust Business Description

Traded in Other Exchanges
N/A
Address
100 North 18th Street, Two Logan Square, 23rd Floor, Philadelphia, PA, USA, 19103
RAIT Financial Trust is a United States-based real estate investment trust. Through its subsidiaries, the company invests in and manages a portfolio of commercial real estate (CRE) loans and properties. It operates in the business segment of real estate lending, owning and managing segment which focuses on lending, owning and managing commercial real estate assets throughout the United States. The form of the company's investments ranged from first mortgage loans to equity ownership of a commercial real estate property. It derives main revenue in the form of property income.

RAIT Financial Trust Headlines

From GuruFocus

RAIT Financial Trust (RAS) CEO Scott Schaeffer buys 25,000 Shares

By GuruFocus Research GuruFocus Editor 11-24-2009

RAIT Financial Trust (RAS) CFO Jack Salmon buys 10,000 Shares

By GuruFocus Research GuruFocus Editor 12-01-2010

RAIT Financial Trust (RAS) Chairman & Trustee Betsy Z Cohen buys 9,191 Shares

By GuruFocus Research GuruFocus Editor 12-04-2009

RAIT Financial Trust (RAS) COO & Secretary Raphael Licht sells 9,191 Shares

By GuruFocus Research GuruFocus Editor 12-04-2009