special reserve can be distributed. (22) INCOMETAX a. Reconciliation between the incometax expense and the incometax calculated on pre-tax financial statement income (loss) based on the statutorytaxrate is as follows: ... Incometax on pre-tax loss at statutorytaxrate Permanent and temporary ... resulting from the change of statutorytaxrateIncometax on interest revenue
in the Consolidated Statement of Comprehensive Income and tax expense calculated per the statutoryincometaxrate: $’000 $’000 Accounting profit/(loss) before incometax ... incometaxrate of 30% (2011 - 30%) Adjustment for prior periods Equity accounted ... 4. INCOMETAX $’000 $’000 AVJennings Limited ABN 44 004 327 771 – Page 14 30 June 2012
for the difference between the effective incometaxrate and the statutory federal incometaxrate: Years Ended December 31, Statutory federal incometaxrate State and local incometaxrate, net of federal tax benefits Affordable housing credit Employee ... During 2010, we recorded net pre-tax severance, pension and benefits charges of $3.1 billion. The charges during 2010 included remeasurement losses of $0.6 billion, for our pension and postretirement plans in accordance with our accounting
and provincial tax rates1 Incometax recovery at statutoryrates Increase (decrease ... applicable statutorytaxrate has decreased by 1.59% resulting mainly from the reduction in the Canadian Federal statutorytaxrate. ANNUAL REPORT 2012 ... 1 – Description. Incometaxes YELLOW MEDIA LIMITED Notes to the Consolidated Financial
computed by applying the statutoryincometaxrate of 35% to earnings (loss) before ... Year ended December 31, U.S. federal statutoryincometax Reconcilling items: State and local incometaxes, net of federal incometax benefit Foreign incometaxrate ... to alternative fuel tax credits in Other operating loss (income) on the Consolidated
The difference between the amounts of incometax benefit that would result from applying domestic federal statutoryincometaxrates to the net loss and the net deferred tax assets is related to certain non deductible expenses, state incometaxes ... in respect of the net deferred tax assets of these entities. 28. Mandatorily Redeemable ... have following terms. A fixed dividend of 14%. a. These are Cumulative Preference shares.
incometaxrate for the following reasons: (C$ in millions) Income before incometaxesIncometaxes based on the applicable statutorytaxrate of 26.38% (2011 – 28 ... 1) (7.6) (6.2) (9.0) – (0.4) Incometax expense The applicable statutorytaxrate ... of business, the Company is subject to ongoing audits by tax authorities. While the Company has determined that its tax filing positions are appropriate and supportable, from time to time certain matters are reviewed and challenged by the tax authorities
The reconciliation of incometaxes expense based on income before incometax at 25% statutoryrate and incometax expense was as follows: Nine Months Ended September 30 Incometax expense at the 25% statutoryrateTax effects on adjusting items ... at a rate of 10% which is payable if the incometax payable determined pursuant ... receiving the dividends are allowed a tax credit equals to their proportionate share of the incometax paid by the Corporation. 19. INCOMETAX The government enacted
A reconciliation of incometaxes, at the combined statutory federal and provincial taxrate to the actual incometaxrate, is as follows: Federal and provincial ... of substantively enacted taxrate changes Other, net Provision for incometaxes (2, 155) (3 ... January 19, 2008 April 7, 2009 April 20, 2009 All dividends paid by the Company are, pursuant to subsection 89 (14) of the IncomeTax Act (Canada), designated as eligible
Years ended December 31 (in millions) Incometax computed at statutorytaxrateTax-exempt incomeDividends received deduction Incometax paid on behalf of separate accounts Other Incometax expense (0.3) (5.9) (0.5) (8.6) (1.7) (2