Wiremedia (Wiremedia) Tax Expense : $ Mil (TTM As of Sep. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Wiremedia Tax Expense?

Wiremedia's tax expense for the six months ended in Sep. 2023 was $0.00 Mil.

Wiremedia Tax Expense Historical Data

The historical data trend for Wiremedia'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.

Wiremedia Tax Expense Chart

Wiremedia Annual Data

Trend

Tax Expense

Wiremedia Semi-Annual Data
	Sep23
Tax Expense	-

Wiremedia 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.

Wiremedia (OTCPK:WRMA) 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.

Wiremedia Tax Expense Related Terms

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

Wiremedia (Wiremedia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Wiremedia Inc (OTCPK:WRMA) » Definitions » Tax Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

370 Amapola Avenue, Suite 200A, Torrance, CA, USA, 90501

Website

https://www.wiremedia.net

Wiremedia Inc focuses on creating mobile technologies and data applications. It offers mobile content marketing and distribution services to deliver mobile applications, services, and content to various industries and sectors. The company also manages a portfolio of business operations involving applications for Mobile Devices, Digital Media, and Marketplace.

Wiremedia (Wiremedia) Headlines

No Headlines