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Mills Music Trust (Mills Music Trust) Tax Rate % : 0.00% (As of Dec. 2021)


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What is Mills Music Trust Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mills Music Trust's Tax Expense for the six months ended in Dec. 2021 was $0.00 Mil. Mills Music Trust's Pre-Tax Income for the six months ended in Dec. 2021 was $0.83 Mil. Therefore, Mills Music Trust's Tax Rate % for the quarter that ended in Dec. 2021 was 0.00%.

Mills Music Trust Tax Rate % Historical Data

The historical data trend for Mills Music Trust'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.

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Mills Music Trust Tax Rate % Chart

Mills Music Trust Annual Data
Trend Dec20 Dec21
Tax Rate %
- -

Mills Music Trust Semi-Annual Data
Dec20 Dec21
Tax Rate % - -

Mills Music Trust Tax Rate % Calculation

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

Mills Music Trust's Tax Rate % for the fiscal year that ended in Dec. 2021 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2021 )/Pre-Tax Income (A: Dec. 2021 )
=0/0.83
=0.00 %

Mills Music Trust's Tax Rate % for the quarter that ended in Dec. 2021 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2021 )/Pre-Tax Income (Q: Dec. 2021 )
=0/0.83
=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.

Mills Music Trust Tax Rate % Related Terms

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

Mills Music Trust (Mills Music Trust) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Mills Music Trust (OTCPK:MMTRS) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
c/o HSBC BANK USA, N.A., 452 Fifth Avenue, Corporate Trust, Issuer Services, New York, NY, USA, 10018
Website
https://www.millsmusic.com
Mills Music Trust holds the right to receive payment of a deferred contingent purchase price obligation relating to music and lyric copyright catalogue payable by EMI Mills Music Inc primarily in the United States. The payments of the contingent portion are based on royalty income generated by the catalogue.

Mills Music Trust (Mills Music Trust) Headlines

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