Innovation1 Biotech (Innovation1 Biotech) Tax Rate % : 0.00% (As of Aug. 2023)

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What is Innovation1 Biotech Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Innovation1 Biotech's Tax Expense for the three months ended in Aug. 2023 was $0.00 Mil. Innovation1 Biotech's Pre-Tax Income for the three months ended in Aug. 2023 was $-4.45 Mil. Therefore, Innovation1 Biotech's Tax Rate % for the quarter that ended in Aug. 2023 was 0.00%.

Innovation1 Biotech Tax Rate % Historical Data

The historical data trend for Innovation1 Biotech's Tax Rate % 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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Innovation1 Biotech Tax Rate % Chart

Innovation1 Biotech Annual Data

Trend

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Tax Rate %

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Innovation1 Biotech Quarterly Data
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Innovation1 Biotech Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Innovation1 Biotech's Tax Rate % for the fiscal year that ended in Aug. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Aug. 2023 )	/	Pre-Tax Income (A: Aug. 2023 )
	=	0	/	-5.988
	=	0.00 %

Innovation1 Biotech's Tax Rate % for the quarter that ended in Aug. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Aug. 2023 )	/	Pre-Tax Income (Q: Aug. 2023 )
	=	0	/	-4.454
	=	0.00 %

Innovation1 Biotech Tax Rate % Related Terms

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Innovation1 Biotech (Innovation1 Biotech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Innovation1 Biotech Inc (OTCPK:IVBT) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

40 Wall Street, Suite 2701, New York, NY, USA, 10005

Website

https://www.innovation1bio.com

Innovation1 Biotech Inc is a shell company.

Executives

Grays Peak Llc	10 percent owner	8 THE GREEN, STE. A, DOVER DE 19803
Timothy Orr	director, 10 percent owner, officer: President	4010 TANAGER LANE, #A, MEAD WA 99021
Darren Long	director, 10 percent owner, officer: CEO & Secretary	4010 TANAGER LANE, #A, MEAD WA 99021
Brian Martinho	director, 10 percent owner, officer: Treasurer	4010 EAST TANAGER LANE, MEAD WA 99021