Tanganda Tea Co (XZIM:TANGANDA) Tax Expense : ZWG Mil (TTM As of Mar. 2024)

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What is Tanganda Tea Co Tax Expense?

Tanganda Tea Co's tax expense for the months ended in Mar. 2024 was ZWG0.00 Mil.

Tanganda Tea Co Tax Expense Historical Data

The historical data trend for Tanganda Tea Co'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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Tanganda Tea Co Tax Expense Chart

Tanganda Tea Co Annual Data

Trend

Tax Expense

Tanganda Tea Co Quarterly Data
	Mar23	Mar24
Tax Expense	-	-

Tanganda Tea Co 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.

Tanganda Tea Co (XZIM:TANGANDA) 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.

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Tanganda Tea Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tanganda Tea Co Ltd (XZIM:TANGANDA) » Definitions » Tax Expense

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Traded in Other Exchanges

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Address

194 Mutare Road, P.O. Box 10078, Msasa, Harare, ZWE

Website

https://www.tangandatea.com

Tanganda Tea Co Ltd is a producer, packer, and distributor of tea in Zimbabwe. The company has also developed the hectarage of macadamia nuts and avocados. It also engaged in producing coffee and bottled spring water. The company is organized into two operating segments: Agriculture and Beverage. It generates the majority of its revenue from the Agriculture segment.

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