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Nippon Hotel & Residential Investment (TSE:3472) Tax Expense : 円2 Mil (TTM As of May. 2024)


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What is Nippon Hotel & Residential Investment Tax Expense?

Nippon Hotel & Residential Investment's tax expense for the months ended in May. 2024 was 円1 Mil. Its tax expense for the trailing twelve months (TTM) ended in May. 2024 was 円2 Mil.


Nippon Hotel & Residential Investment Tax Expense Historical Data

The historical data trend for Nippon Hotel & Residential Investment'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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Nippon Hotel & Residential Investment Tax Expense Chart

Nippon Hotel & Residential Investment Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Tax Expense
Get a 7-Day Free Trial 1.82 1.88 1.89 1.91 1.73

Nippon Hotel & Residential Investment Semi-Annual Data
May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
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 1.01 0.90 0.82 0.91 0.99

Nippon Hotel & Residential Investment 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 May. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円2 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.


Nippon Hotel & Residential Investment  (TSE:3472) 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.


Nippon Hotel & Residential Investment Tax Expense Related Terms

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Nippon Hotel & Residential Investment Business Description

Traded in Other Exchanges
N/A
Address
3-3-4, Nihonbashihoncho, Chuo-ku, Tokyo, JPN, 103-0023
Nippon Hotel & Residential Investment Corp is a real estate investment trust. The firm invests in onsen and spa-related facilities, and Accomodation. The company principally invests in hot spring-related industries, such as hotels, hot spring facilities and theme parks.

Nippon Hotel & Residential Investment Headlines

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