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Aamaxan Transport Group (Aamaxan Transport Group) Tax Expense : $1.53 Mil (TTM As of Jun. 2008)


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What is Aamaxan Transport Group Tax Expense?

Aamaxan Transport Group's tax expense for the months ended in Jun. 2008 was $0.66 Mil. Its tax expense for the trailing twelve months (TTM) ended in Jun. 2008 was $1.53 Mil.


Aamaxan Transport Group Tax Expense Historical Data

The historical data trend for Aamaxan Transport Group'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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Aamaxan Transport Group Tax Expense Chart

Aamaxan Transport Group Annual Data
Trend Jan06 Jan07
Tax Expense
- -

Aamaxan Transport Group Quarterly Data
Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Jun08
Tax Expense Get a 7-Day Free Trial Premium Member Only 0.85 0.88 - - 0.66

Aamaxan Transport Group 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.

Tax Expense for the trailing twelve months (TTM) ended in Jun. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.53 Mil.

* 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.


Aamaxan Transport Group  (GREY:AAXT) 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.


Aamaxan Transport Group Tax Expense Related Terms

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Aamaxan Transport Group (Aamaxan Transport Group) Business Description

Traded in Other Exchanges
N/A
Address
31 Walmer Road, Suite 6, Toronto, ON, CAN, M5R 2W7
Website
Aamaxan Transport Group Inc is a development stage company seeking for potential operating businesses and business opportunities with the intent to acquire or merge with such businesses.

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