Vortex Brands Co (Vortex Brands Co) Tax Expense : $ Mil (TTM As of Jun. 2007)

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What is Vortex Brands Co Tax Expense?

Vortex Brands Co's tax expense for the six months ended in Jun. 2007 was $0.00 Mil.

Vortex Brands Co Tax Expense Historical Data

The historical data trend for Vortex Brands Co'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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Vortex Brands Co Tax Expense Chart

Vortex Brands Co Annual Data

Trend

Jun05

Jun06

Jun07

Tax Expense

Vortex Brands Co Semi-Annual Data
	Jun05	Jun06	Jun07
Tax Expense	-	-	-

Vortex Brands Co 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.

Vortex Brands Co (OTCPK:VTXB) 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.

Vortex Brands Co Tax Expense Related Terms

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Vortex Brands Co (Vortex Brands Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Vortex Brands Co (OTCPK:VTXB) » Definitions » Tax Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3511 Del Paso Road, Suite 160 PMB 432, Sacramento, CA, USA, 95835

Website

https://www.vortexbrands.us

Vortex Brands Co has two business operations: Bitcoin Mining and Multi-purpose Phase Angle Synchronization equipment as a service to electric utilities in the United States.

Executives

Alfred M. Dube	director	950 17TH STREET, SUITE 2300, DENVER CO 80202
David Weisgerber	officer: Executive Officer	950 17TH STREET, SUITE 2300, DENVER CO 80202
James Hostetler	officer: Executive Vice President	950 17TH STREET, SUITE 2300, DENVER CO 80202
Brian D. Hughes	director, 10 percent owner	950 17TH STREET, SUITE 2300, DENVER CO 80202
Keith Reeves	officer: Vice President of Exploration	950 17TH STREET, SUITE 2300, DENVER CO 80202
Hughes Lllp Lma	10 percent owner	8400 EAST PRENTICE AVENUE, PH 1500, GREENWOOD VILLAGE CO 80111
Mohamed H. Gova	director, other: Vice Chairman	122 NORTH MAIN STREET, SHERIDAN WY 82801
Paul Stroud	director, officer: PRESIDENT & CEO	950 SEVENTEENTH STREET, SUITE 2300, DENVER CO 80202
Pierre Besuchet	director	29 QUAI DES BERGUES, GENEVA V8 1201
Al Fahim Abdul Majeed Ismail	director	950 17TH STREET, SUITE 2300, DENVER CO 80202