Tao Heung Holdings (Tao Heung Holdings) Tax Expense : $4.38 Mil (TTM As of Dec. 2023)

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What is Tao Heung Holdings Tax Expense?

Tao Heung Holdings's tax expense for the months ended in Dec. 2023 was $2.40 Mil. Its tax expense for the trailing twelve months (TTM) ended in Dec. 2023 was $4.38 Mil.

Tao Heung Holdings Tax Expense Historical Data

The historical data trend for Tao Heung Holdings'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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Tao Heung Holdings Tax Expense Chart

Tao Heung Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Expense

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6.99

-2.20

0.12

-2.61

4.39

Tao Heung Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Expense	Get a 7-Day Free Trial															-0.04	-2.16	-0.43	1.98	2.40

Tao Heung Holdings 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $4.38 Mil.

Tao Heung Holdings (OTCPK:TAOHY) 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.

Tao Heung Holdings Tax Expense Related Terms

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Tao Heung Holdings (Tao Heung Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Tao Heung Holdings Ltd (OTCPK:TAOHY) » Definitions » Tax Expense

Comparable Companies

Traded in Other Exchanges

00573:Hong Kong BVI:Germany

Address

Number 18 Dai Fat Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG

Website

https://www.taoheung.com.hk

Tao Heung Holdings Ltd is a Hong Kong-based company engaged in the provision of food catering services through a chain of restaurants. It is also engaged in chilled and packaged food, bakery operations, production, sale and distribution of food products and other items related to restaurant operations and provision of poultry farm operations. Group operates restaurants under Tao heung, Tao Square, and Tai Cheong Bakery brands. The company operates businesses in Hong Kong and Mainland China of which Hong Kong accounts for a larger share of the company revenue.

Tao Heung Holdings (Tao Heung Holdings) Headlines

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