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STGZ (Stargaze Entertainment Group) Tax Expense : $ Mil (TTM As of Aug. 2023)


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What is Stargaze Entertainment Group Tax Expense?

Stargaze Entertainment Group's tax expense for the six months ended in Aug. 2023 was $0.00 Mil.

Stargaze Entertainment Group Tax Expense Historical Data

The historical data trend for Stargaze Entertainment 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.

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Stargaze Entertainment Group Tax Expense Chart

Stargaze Entertainment Group Annual Data
Trend
Tax Expense

Stargaze Entertainment Group Semi-Annual Data
Aug23
Tax Expense -

Stargaze Entertainment 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.

Stargaze Entertainment Group  (OTCPK:STGZ) 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.

Stargaze Entertainment Group Tax Expense Related Terms

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Stargaze Entertainment Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Stargaze Entertainment Group Inc (OTCPK:STGZ) » Definitions » Tax Expense
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Traded in Other Exchanges
N/A
Address
334 Cornelia Street, Suite 279, Plattsburgh, NY, USA, 12901
Website
https://www.stargazeentertainmentgroup.com
Stargaze Entertainment Group Inc is an entertainment production and distribution company. It focuses on the creation and distribution of films, music and live streaming of shows. The company's other services include copyrights, records production, and distribution, music publication.