Bytetravel (XMAD:SCBYT) Tax Expense : € Mil (TTM As of Dec. 2023)

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What is Bytetravel Tax Expense?

Bytetravel's tax expense for the six months ended in Dec. 2023 was €0.81 Mil.

Bytetravel Tax Expense Historical Data

The historical data trend for Bytetravel'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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Bytetravel Tax Expense Chart

Bytetravel Annual Data

Trend

Dec21

Dec22

Dec23

Tax Expense

0.02

0.08

0.81

Bytetravel Semi-Annual Data
	Dec21	Dec22	Dec23
Tax Expense	0.02	0.08	0.81

Bytetravel 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.

Bytetravel (XMAD:SCBYT) 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.

Bytetravel Tax Expense Related Terms

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Bytetravel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bytetravel SA (XMAD:SCBYT) » Definitions » Tax Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Av. de la Via Augusta, 15-25, Building A2, Sant Cugat del Valles, Barcelona, ESP, 08174

Website

https://www.bytetravel.com

Bytetravel SA operates in the traveltech sector offering ancillary services for business and leisure travellers. The first product launched is the management and processing of visas that allow entry into foreign countries. Its main competitive advantage is the massive use of technology that allows saving time in procedures for clients and reducing costs.

Bytetravel Headlines

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