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Canadian Large Cap Leaders Split (TSX:NPS) Tax Expense : C$ Mil (TTM As of Jun. 2024)


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What is Canadian Large Cap Leaders Split Tax Expense?

Canadian Large Cap Leaders Split's tax expense for the months ended in Jun. 2024 was C$0.00 Mil.


Canadian Large Cap Leaders Split Tax Expense Historical Data

The historical data trend for Canadian Large Cap Leaders Split'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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Canadian Large Cap Leaders Split Tax Expense Chart

Canadian Large Cap Leaders Split Annual Data
Trend
Tax Expense

Canadian Large Cap Leaders Split Quarterly Data
Mar24 Jun24
Tax Expense - -

Canadian Large Cap Leaders Split 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.


Canadian Large Cap Leaders Split  (TSX:NPS) 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.


Canadian Large Cap Leaders Split Tax Expense Related Terms

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Canadian Large Cap Leaders Split Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
200 Bay street, Suite 2700, Royal Bank Plaza, South Tower, Toronto, ON, CAN, M5J 2J1
Canadian Large Cap Leaders Split Corp is a mutual fund corporation. The company will be amended prior to closing to create the Preferred Shares and the Class A Shares. The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential quarterly cash distributions and the investment objectives for the Class A Shares are to provide their holders with regular monthly noncumulative cash distributions.