Calculation of Quarterly Tax Expense Using the Estimated Effective Tax Rate
First written in FY2020-Q1. 11 of 12 entries say "Restated". Latest entry: FY2024-Q2.
80 other companies' latest entry also says "Restated".
- FY2024-Q2RestatedAnnual report
「For income taxes, the company reasonably estimates the effective tax rate after applying tax-effect accounting to profit before tax for the fiscal year including the consolidated accounting period for the second quarter, and calculates the expense by multiplying quarterly profit before tax by that estimated effective tax rate.」
Even after the company became consolidated, it has continued calculating quarterly income taxes using the estimated effective tax rate. - FY2024-Q1RestatedAnnual report
「For income taxes, the company reasonably estimates the effective tax rate after applying tax-effect accounting to profit before tax for the fiscal year including the consolidated accounting period for the first quarter, and calculates the expense by multiplying quarterly profit before tax by that estimated effective tax rate.」
Even after the company became consolidated, it has continued calculating quarterly income taxes using the estimated effective tax rate. - FY2023-Q3RestatedAnnual report
「For income taxes, the company reasonably estimates the effective tax rate after applying tax-effect accounting to profit before tax for the fiscal year including the consolidated accounting period for the third quarter, and calculates the expense by multiplying quarterly profit before tax by that estimated effective tax rate.」
Even after the company became consolidated, it has continued calculating quarterly income taxes using the estimated effective tax rate. - FY2023-Q2RestatedAnnual report
「The Company estimates the effective tax rate after applying tax effect accounting to income before income taxes for the current fiscal year on a reasonable basis, and applies this estimated effective tax rate to income before income taxes for the quarter to calculate quarterly tax expense.」
The Company has reconfirmed that quarterly tax expense is calculated using the estimated effective tax rate for the current fiscal year. - FY2023-Q1RestatedAnnual report
「The Company estimates the effective tax rate after applying tax effect accounting to income before income taxes for the current fiscal year on a reasonable basis, and applies this estimated effective tax rate to income before income taxes for the quarter to calculate quarterly tax expense.」
The Company has reconfirmed that quarterly tax expense is calculated using the estimated effective tax rate for the current fiscal year. - FY2022-Q2RestatedAnnual report
「The Company estimates the effective tax rate after applying tax effect accounting to income before income taxes for the current fiscal year on a reasonable basis, and applies this estimated effective tax rate to income before income taxes for the quarter to calculate quarterly tax expense.」
The Company has reconfirmed that quarterly tax expense is calculated using the estimated effective tax rate for the current fiscal year. - FY2021-Q3RestatedAnnual report
「The Company estimates the effective tax rate after applying tax effect accounting to income before income taxes for the current fiscal year on a reasonable basis, and applies this estimated effective tax rate to income before income taxes for the quarter to calculate quarterly tax expense.」
The Company has reconfirmed that quarterly tax expense is calculated using the estimated effective tax rate for the current fiscal year. - FY2021-Q2RestatedAnnual report
「The Company estimates the effective tax rate after applying tax effect accounting to income before income taxes for the current fiscal year on a reasonable basis, and applies this estimated effective tax rate to income before income taxes for the quarter to calculate quarterly tax expense.」
The Company has reconfirmed that quarterly tax expense is calculated using the estimated effective tax rate for the current fiscal year. - FY2021-Q1RestatedAnnual report
「The Company estimates the effective tax rate after applying tax effect accounting to income before income taxes for the current fiscal year on a reasonable basis, and applies this estimated effective tax rate to income before income taxes for the quarter to calculate quarterly tax expense.」
The Company has reconfirmed that quarterly tax expense is calculated using the estimated effective tax rate for the current fiscal year. - FY2020-Q3RestatedAnnual report
「The Company estimates the effective tax rate after applying tax effect accounting to income before income taxes for the current fiscal year on a reasonable basis, and applies this estimated effective tax rate to income before income taxes for the quarter to calculate quarterly tax expense.」
The Company has reconfirmed that quarterly tax expense is calculated using the estimated effective tax rate for the current fiscal year. - FY2020-Q2RestatedAnnual report
「The Company estimates the effective tax rate after applying tax effect accounting to income before income taxes for the current fiscal year on a reasonable basis, and applies this estimated effective tax rate to income before income taxes for the quarter to calculate quarterly tax expense.」
The Company has reconfirmed that quarterly tax expense is calculated using the estimated effective tax rate for the current fiscal year. - FY2020-Q1First statedAnnual report
「The Company estimates the effective tax rate after applying tax effect accounting to income before income taxes for the current fiscal year on a reasonable basis, and applies this estimated effective tax rate to income before income taxes for the quarter to calculate quarterly tax expense.」
For quarterly income taxes, the company states that it calculates the expense by reasonably estimating the effective tax rate after applying tax-effect accounting for the fiscal year and applying it to quarterly profit before tax.