National Enterprises (TRN:NEL) Tax Expense : TTD Mil (TTM As of . 20)

View and export this data going back to 1990. Start your Free Trial

What is National Enterprises Tax Expense?

National Enterprises's tax expense for the six months ended in . 20 was TTD0.00 Mil.

National Enterprises Tax Expense Historical Data

The historical data trend for National Enterprises'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.

National Enterprises Tax Expense Chart

National Enterprises Annual Data

Trend

Tax Expense

National Enterprises Semi-Annual Data

Tax Expense

National Enterprises 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.

National Enterprises (TRN:NEL) 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.

National Enterprises Tax Expense Related Terms

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

National Enterprises (TRN:NEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » National Enterprises Ltd (TRN:NEL) » Definitions » Tax Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 15, Tower D, Wrightson Road, International Waterfront Centre, Port of Spain, TTO

Website

https://www.nel.co.tt

National Enterprises Ltd is an investment holding company operating on behalf of the Government of the Republic of Trinidad and Tobago. The company's industries include natural gas and energy-based manufacturing, telecommunications, and food production.

National Enterprises (TRN:NEL) Headlines

No Headlines