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BYND Cannasoft Enterprises (XCNQ:BYND) Tax Expense : C$0.03 Mil (TTM As of Dec. 2023)


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What is BYND Cannasoft Enterprises Tax Expense?

BYND Cannasoft Enterprises's tax expense for the months ended in Dec. 2023 was C$-0.05 Mil. Its tax expense for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.03 Mil.


BYND Cannasoft Enterprises Tax Expense Historical Data

The historical data trend for BYND Cannasoft Enterprises'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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BYND Cannasoft Enterprises Tax Expense Chart

BYND Cannasoft Enterprises Annual Data
Trend Dec21 Dec22 Dec23
Tax Expense
0.04 0.01 0.03

BYND Cannasoft Enterprises Quarterly Data
Mar20 Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.01 0.03 - 0.05 -0.05

BYND Cannasoft Enterprises 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.03 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.


BYND Cannasoft Enterprises  (XCNQ:BYND) 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.


BYND Cannasoft Enterprises Tax Expense Related Terms

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BYND Cannasoft Enterprises (XCNQ:BYND) Business Description

Traded in Other Exchanges
Address
2264 East 11th Avenue, Vancouver, BC, CAN, V5N 1Z6
BYND Cannasoft Enterprises Inc is engaged in the continued development of its new Benefit CRM and Cannabis CRM Platform along with construction, licensing, and operation of the Cannabis Farm and indoor cannabis growing facility.

BYND Cannasoft Enterprises (XCNQ:BYND) Headlines

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