Rigsave SpA (XTER:H68) Tax Expense : € Mil (TTM As of Dec. 2023)

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What is Rigsave SpA Tax Expense?

Rigsave SpA's tax expense for the six months ended in Dec. 2023 was €-0.04 Mil.

Rigsave SpA Tax Expense Historical Data

The historical data trend for Rigsave SpA'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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Rigsave SpA Tax Expense Chart

Rigsave SpA Annual Data

Trend

Dec22

Dec23

Tax Expense

-0.04

Rigsave SpA Semi-Annual Data
	Dec22	Dec23
Tax Expense	-	-0.04

Rigsave SpA 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.

Rigsave SpA (XTER:H68) 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.

Rigsave SpA Tax Expense Related Terms

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Rigsave SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Rigsave SpA (XTER:H68) » Definitions » Tax Expense

Comparable Companies

Traded in Other Exchanges

H68:Germany

Address

Corso Giuseppe Zanardelli, 38, Brescia, ITA, 25121

Website

https://www.rigsave.com

Rigsave SpA is engaged in providing consulting and portfolio management services and to act as a distribution partner in the sale of structured products by its customers.

Executives

Mr. Salvatore Gervasi	Board of Directors
Mr. Michele Basilicata	Board of Directors
Mr. Andrea Polzot	CFO
Mr. Giovanni Gervasi	member of the investment committee, portfolio manager and investment advisor at Rigsave Capital Ltd

Rigsave SpA Headlines

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