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AC/DC Battery Metals (TSXV:ACDC) Tax Expense : C$ Mil (TTM As of Jul. 2024)


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What is AC/DC Battery Metals Tax Expense?

AC/DC Battery Metals's tax expense for the months ended in Jul. 2024 was C$0.00 Mil.


AC/DC Battery Metals Tax Expense Historical Data

The historical data trend for AC/DC Battery Metals'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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AC/DC Battery Metals Tax Expense Chart

AC/DC Battery Metals Annual Data
Trend Jul24
Tax Expense
-

AC/DC Battery Metals Quarterly Data
Apr24 Jul24
Tax Expense - -

AC/DC Battery Metals 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.


AC/DC Battery Metals  (TSXV:ACDC) 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.


AC/DC Battery Metals Tax Expense Related Terms

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AC/DC Battery Metals Business Description

Traded in Other Exchanges
N/A
Address
3028 Quadra Court, Coquitlam, BC, CAN, V3B 5X6
AC/DC Battery Metals Inc is a company focused on nickel and lithium; it is also focused on exploration for high value battery metals required for the electric vehicle market. It Includes Nickel Mountain Project, and B.C Copper Property. Among its portfolio, the Lithium projects hold importance as Lithium is a critical element in the manufacturing of electric vehicle batteries and energy storage systems. The project includes Texas Spring, Clayton Valley Project, Volt Caynon. It projects are very well situated in central British Columbia with access via high-speed logging roads, secondary forestry roads, rails lines, and hydroelectric power that crisscrosses this region of British Columbia.