Amount of income tax expense reported for the period.
Taxes levied on the earned (salaries, bonuses, wages, tips, commissions) and unearned (interest, rent, dividends) income of people. Income taxes are of two types - personal income taxes, which are levied on individuals and corporate income taxes, which are levied on businesses.
An expense based on reported earnings before income taxes. Deferred income taxes reflect the temporary differences between assets and liabilities recognized for financial reporting purposes and such amounts recognized for income tax purposes.
Can be Small Business Tax or Corporation Tax: whatever the government's calling it this year. It's the country's claim on the company's income. The amount shown on the Income Statement isn't necessarily the amount payable on the company's income for that particular year. It's the amount paid in taxes during that year. It can also include refunds received for overpaid taxes in previous years.
Taxes on income, both earned (salaries, wages, tips, commissions) and unearned (interest, dividends). Income taxes can be levied on both individuals (personal income taxes) and businesses (business and corporate income taxes).
Income Taxes include any taxes on income, net of any investment tax credits.
Taxes on profits paid by consolidated subsidiaries to the local tax authorities. The individual companies of the Group, and sometimes also groups of companies, are liable for tax in the countries in which they have their registered offices. Income taxes thus comprise taxes from the majority of countries in which subsidiaries are active and are oriented to the conditions of the country in which the registered office is located. Tax rebates reduce income taxes. Income taxes do not only include taxes incurred during the fiscal year, but also so-called deferred taxes; these are taxes which have not yet been incurred, but which are expected to be incurred at the balance sheet date.
the total of all foreign and domestic (federal, state and city) taxes charged against income.
Taxes on income, both earned (salaries, wages, tips, commissions) and unearned (interest from savings accounts, dividends if you hold stock). Individuals and businesses are subject to income taxes.
Taxes on income, both earned (for example, salaries, wages, tips, commissions) and unearned (for example, interest and dividends). Income taxes can be levied both on individuals and businesses.
Fees placed by federal, state, local and foreign governments on a company's earnings. Listed on the statement of earnings.
Incurred income taxes (including income taxes on capital gains) reported in each annual statement for that year.
Taxes due to the government based on the companyâ€(tm)s earnings.
A class of items comprising the final section of a company's statement of operations, which, although necessarily incurred in the course of business and customarily charged before arriving at net earnings, are more in the nature of costs imposed than costs subject to the control of everyday operations.
Fees paid to federal, state, local and foreign governments from a companyâ€™s earnings. Listed on the profit and loss account