CGift AG (HAM:T7RA) Tax Expense : € Mil (TTM As of Dec. 2019)

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What is CGift AG Tax Expense?

CGift AG's tax expense for the six months ended in Dec. 2019 was €0.00 Mil.

CGift AG Tax Expense Historical Data

The historical data trend for CGift AG'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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CGift AG Tax Expense Chart

CGift AG Annual Data

Trend

Dec17

Dec18

Dec19

Tax Expense

CGift AG Semi-Annual Data
	Dec17	Dec18	Dec19
Tax Expense	-	-	-

CGift AG 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.

CGift AG (HAM:T7RA) 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.

CGift AG Tax Expense Related Terms

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CGift AG (HAM:T7RA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CGift AG (HAM:T7RA) » Definitions » Tax Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Schopenstehl 22, Hamburg, DEU, 20095

Website

http://www.tyros.ag

CGift AG, formerly Tyros AG is a Germany based financial services provider. It invests in companies consists of blockchain business. It is engaged in provision and operation of an App and web-based platform for managing and redeeming crypto gift cards.

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