Reliable Nepal Life Insurance (XNEP:RNLI) Tax Expense : NPR Mil (TTM As of . 20)

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What is Reliable Nepal Life Insurance Tax Expense?

Reliable Nepal Life Insurance's tax expense for the six months ended in . 20 was NPR0.00 Mil.

Reliable Nepal Life Insurance Tax Expense Historical Data

The historical data trend for Reliable Nepal Life Insurance'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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Reliable Nepal Life Insurance Tax Expense Chart

Reliable Nepal Life Insurance Annual Data

Trend

Tax Expense

Reliable Nepal Life Insurance Semi-Annual Data

Tax Expense

Reliable Nepal Life Insurance 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.

Reliable Nepal Life Insurance (XNEP:RNLI) 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.

Reliable Nepal Life Insurance Tax Expense Related Terms

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Reliable Nepal Life Insurance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Reliable Nepal Life Insurance Ltd (XNEP:RNLI) » Definitions » Tax Expense

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Traded in Other Exchanges

N/A

Address

Gyaneshwor, Kathmandu, NPL

Website

https://www.reliablelife.com.np

Reliable Nepal Life Insurance Ltd operates as a life insurance company. It offers various kinds of policies for long-term savings and protection to meet different life stage requirements of its customers. The Business segments of the company are Endowment, Anticipated Endowment, Foreign Employment Term, Other Term, Special Term, Endowment Cum Whole Life, and Whole Life. The company generates the majority of its revenue from the Endowment and Anticipated Endowment segment. The company generates all of its revenue from Nepal itself.

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