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Trinseo's tax expense for the months ended in Mar. 2024 was $5 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2024 was $91 Mil.
The historical data trend for Trinseo'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.
Trinseo Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Tax Expense | Get a 7-Day Free Trial | 12.70 | 42.70 | 70.90 | -41.60 | 68.40 |
Trinseo Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Tax Expense | Get a 7-Day Free Trial | -16.70 | -25.10 | -17.70 | 127.90 | 5.40 |
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.
Tax Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $91 Mil.
* 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.
Trinseo (NYSE:TSE) 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.
Thank you for viewing the detailed overview of Trinseo's Tax Expense provided by GuruFocus.com. Please click on the following links to see related term pages.
Matthew Farrell | director | |
Roger Greene | officer: VP, GLOBAL CONTROLLER & PAO | C/O TRINSEO PLC, 440 EAST SWEDESFORD ROAD, SUITE 301, WAYNE PA 19087 |
David Phillip Stasse | officer: See Remarks | C/O FREESCALE SEMICONDUCTOR, INC., 6501 WILLIAM CANNON DRIVE WEST, AUSTIN TX 78735 |
Jeanmarie F. Desmond | director | C/O E.I. DU PONT DE NEMOURS AND COMPANY, 974 CENTRE ROAD, BLDG. 730, WILMINGTON DE 19805 |
Timothy J Thomas | officer: Vice President | C/O TRINSEO S.A., 1000 CHESTERBROOK BLVD., SUITE 300, BERWYN PA 19312 |
Angelo N. Chaclas | officer: See Remarks | C/O TRINSEO S.A., 1000 CHESTERBROOK BOULEVARD, SUITE 300, BERWYN PA 19312 |
Frank A Bozich | officer: President and CEO | PO BOX 1046, SCHENECTADY NY 12301 |
Philip R Martens | director | PLEXUS CORP., ONE PLEXUS WAY, NEENAH WI 54956 |
Kessel Bregje Van | officer: SVP, Base Plastics | 440 EAST SWEDESFORD ROAD, SUITE 301, WAYNE PA 19087 |
Han Hendriks | officer: Chief Technology Officer | C/O TRINSEO PLC, 440 EAST SWEDESFORD ROAD, SUITE 301, WAYNE PA 19087 |
Jeffrey J Cote | director | C/O SENSATA TECHNOLOGIES, INC., 529 PLEASANT STREET, ATTLEBORO MA 02703 |
M&g Investment Management Ltd | 10 percent owner | 10 FENCHURCH AVENUE, LONDON X0 EC3M 5AG |
Bernard M Skeete | officer: VP, CAO and Global Controller | C/O TRINSEO S.A., 1000 CHESTERBROOK BLVD., SUITE 300, BERWYN PA 19312 |
Joseph Alvarado | director | 705 N. BAR Y ROAD, P.O. BOX 11368, JACKSON WY 83002 |
Johanna Frisch | officer: Treasurer | C/O TRINSEO PLC, 1000 CHESTERBROOK BLVD., SUITE 300, BERWYN PA 19312 |
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