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Canoe EITome Fund (TSX:EIT.PR.B.PFD) Tax Expense : C$0.00 Mil (TTM As of Jun. 2024)


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What is Canoe EITome Fund Tax Expense?

Canoe EITome Fund's tax expense for the months ended in Jun. 2024 was C$0.00 Mil. Its tax expense for the trailing twelve months (TTM) ended in Jun. 2024 was C$0.00 Mil.


Canoe EITome Fund Tax Expense Historical Data

The historical data trend for Canoe EITome Fund'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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Canoe EITome Fund Tax Expense Chart

Canoe EITome Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Expense
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Canoe EITome Fund Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Canoe EITome Fund 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was C$0.00 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.


Canoe EITome Fund  (TSX:EIT.PR.B.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.


Canoe EITome Fund Tax Expense Related Terms

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Canoe EITome Fund Business Description

Traded in Other Exchanges
Address
421 - 7th Avenue SW, Suite 2750, Calgary, AB, CAN, T2P 4K9
Canoe EIT Income Fund is a Canadian closed-end investment trust. The investment objective of the Fund is to maximize monthly distributions relative to risk and maximize net asset value while maintaining and expanding a diversified portfolio of high quality securities. The company invests in various sectors, of which Financials, Energy, Healthcare, etc.

Canoe EITome Fund Headlines

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