Oicintra (Oicintra) Tax Expense : $ Mil (TTM As of Sep. 2023)

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What is Oicintra Tax Expense?

Oicintra's tax expense for the six months ended in Sep. 2023 was $0.00 Mil.

Oicintra Tax Expense Historical Data

The historical data trend for Oicintra'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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Oicintra Tax Expense Chart

Oicintra Annual Data

Trend

Tax Expense

Oicintra Semi-Annual Data
	Sep22	Sep23
Tax Expense	-	-

Oicintra 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.

Oicintra (OTCPK:OICT) 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.

Oicintra Tax Expense Related Terms

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Oicintra (Oicintra) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Oicintra Inc (OTCPK:OICT) » Definitions » Tax Expense

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Traded in Other Exchanges

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Address

1057 Whitney Ranch Drive, Suite 300, Henderson, NV, USA, 89014

Website

https://www.global.oicintrainc.co.za

Oicintra Inc is a precious metals processing company that markets its proprietary methods to extract and leach precious metals from ore. Its target market is precious metals mining operations. Its process improves on environmental hazards typically associated with processing ore to extract valuable precious metals reducing the use of mercury by small and medium-scale miners, and the use of cyanide by medium and large-scale miners.

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