GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Iconic Brands Inc (OTCPK:ICNB) » Definitions » Tax Rate %

Iconic Brands (Iconic Brands) Tax Rate % : 0.00% (As of Mar. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Iconic Brands Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Iconic Brands's Tax Expense for the three months ended in Mar. 2023 was $0.00 Mil. Iconic Brands's Pre-Tax Income for the three months ended in Mar. 2023 was $-2.53 Mil. Therefore, Iconic Brands's Tax Rate % for the quarter that ended in Mar. 2023 was 0.00%.


Iconic Brands Tax Rate % Historical Data

The historical data trend for Iconic Brands's Tax Rate % 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.

* Premium members only.

Iconic Brands Tax Rate % Chart

Iconic Brands Annual Data
Trend Dec12 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Iconic Brands Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Iconic Brands Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Iconic Brands's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=0/-30.806
=0.00 %

Iconic Brands's Tax Rate % for the quarter that ended in Mar. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2023 )/Pre-Tax Income (Q: Mar. 2023 )
=0/-2.533
=0.00 %

* 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.


Iconic Brands Tax Rate % Related Terms

Thank you for viewing the detailed overview of Iconic Brands's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Iconic Brands (Iconic Brands) Business Description

Traded in Other Exchanges
N/A
Address
44 Seabro Avenue, Amityville, NY, USA, 11701
Iconic Brands Inc is engaged in the development and sale of alcohol and non-alcohol brands that are Better-for-You (BFY) and Better-for-the-Planet. The company's brands include Bellissima by Christie Brinkley, a premium BFY collection of Prosecco, Sparkling Wines, and Still Wines, all certified vegan and made with organic grapes. The Company has two reportable segments: the sale of branded alcoholic beverages segment includes the development and sale of alcohol and non-alcohol brands that are BFY and better-for-the-planet and the specialty packaging segment includes the packaging of low-calorie, ready-to-go products, RTF products, and RTD products in sustainable, flexible and stand-up pouch packaging.
Executives
David R Allen officer: Chief Financial Officer C/O CONVERTED ORGANICS INC., 7A COMMERCIAL WHARF WEST, BOSTON MA 02110
Larry Romer officer: Chief Executive Officer 44 SEABRO AVENUE, AMITYVILLE NY 11701
Roseann Faltings director, officer: Vice President and Director 44 SEABRO AVENUE, AMITYVILLE NY 11701
Innoaccel Investments Llc 10 percent owner 247 E. DARK HOLLOW RD., PIPERSVILLE PA 18947
John Cosenza officer: Chief Operating Officer 44 SEABRO AVENUE, AMITYVILLE NY 11701
Thomas A. Belton 10 percent owner 247 E. DARK HOLLOW RD., PIPERSVILLE PA 18947
Richard J Decicco director, 10 percent owner, officer: CEO, Director 44 SEABRO AVENUE, AMITYVILLE NY 11701
William S. Blacker officer: Chief Financial Officer, other: V.P of Finance & Adminstration C/O HARBREW IMPORTS LTD. CORP., 102 BUFFALO AVENUE, FREEPORT NY 11520
Edd Cockerill director, officer: President, CEO & CFO 1921 DENVER WEST COURT, #2022, GOLDEN CO 80401