Mousil Bank For Development & Investment (IQS:BMFI) Tax Expense : ع.د Mil (TTM As of . 20)

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What is Mousil Bank For Development & Investment Tax Expense?

Mousil Bank For Development & Investment's tax expense for the months ended in . 20 was ع.د0.00 Mil.

Mousil Bank For Development & Investment Tax Expense Historical Data

The historical data trend for Mousil Bank For Development & Investment'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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Mousil Bank For Development & Investment Tax Expense Chart

Mousil Bank For Development & Investment Annual Data

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Mousil Bank For Development & Investment Quarterly Data

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Mousil Bank For Development & Investment 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.

Mousil Bank For Development & Investment (IQS:BMFI) 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.

Mousil Bank For Development & Investment Tax Expense Related Terms

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Mousil Bank For Development & Investment (IQS:BMFI) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mousil Bank For Development & Investment (IQS:BMFI) » Definitions » Tax Expense

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Address

Al-Nidhal Street, Near the White Palace, Baghdad, IRQ

Website

https://www.almosulbank.iq

Mousil Bank For Development & Investment provides commercial banking products and services. It offers documentary credit and foreign transfers, drafts of trade discounting, and bill issuance, among others. It also provides credit facilities that include cash loans and credits for individuals; corporates with commercial, industrial, agricultural, and tourism activities; and infrastructure projects and utilities.

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