Calculating Quarterly Tax Expense Using an Estimated Effective Tax Rate
First written in FY2019-Q2. 14 of 15 entries say "Restated". Latest entry: FY2025-H1.
83 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「We estimate on a reasonable basis the effective tax rate after applying tax effect accounting to pretax net income for the consolidated fiscal year including the current interim period, and calculate interim tax expense by multiplying pretax interim net income by the estimated effective tax rate. However, if calculating tax expense using the estimated effective tax rate would produce a result that is significantly unreasonable, we use the statutory effective tax rate.」
The accounting treatment of calculating interim tax expense using the estimated full-year effective tax rate and using the statutory effective tax rate when the result would be unreasonable has continued. - FY2024-Q3RestatedAnnual report
「We estimate on a reasonable basis the effective tax rate after applying tax effect accounting to pretax net income for the consolidated fiscal year including the current third quarter, and calculate quarterly tax expense by multiplying pretax quarterly net income by the estimated effective tax rate. However, if calculating tax expense using the estimated effective tax rate would produce a result that is significantly unreasonable, we use the statutory effective tax rate.」
The accounting treatment of using the estimated full-year effective tax rate for quarterly tax expense and the statutory effective tax rate when the result would be unreasonable has continued. - FY2024-Q2RestatedAnnual report
「We estimate on a reasonable basis the effective tax rate after applying tax effect accounting to pretax net income for the consolidated fiscal year including the current second quarter, and calculate quarterly tax expense by multiplying pretax quarterly net income by the estimated effective tax rate. However, if calculating tax expense using the estimated effective tax rate would produce a result that is significantly unreasonable, we use the statutory effective tax rate.」
The accounting treatment of using the estimated full-year effective tax rate for quarterly tax expense and the statutory effective tax rate when the result would be unreasonable has continued. - FY2024-Q1RestatedAnnual report
「We estimate on a reasonable basis the effective tax rate after applying tax effect accounting to pretax net income for the consolidated fiscal year including the current first quarter, and calculate pretax quarterly net income by multiplying it by the estimated effective tax rate. However, if calculating tax expense using the estimated effective tax rate would produce a result that is significantly unreasonable, we use the statutory effective tax rate.」
The accounting treatment of using the estimated full-year effective tax rate for quarterly tax expense and the statutory effective tax rate when the result would be unreasonable has continued. - FY2023-Q2RestatedAnnual report
「We estimate on a reasonable basis the effective tax rate after applying tax effect accounting to pretax net income for the consolidated fiscal year including the current second quarter, and calculate quarterly tax expense by multiplying pretax quarterly net income by the estimated effective tax rate. However, if calculating tax expense using the estimated effective tax rate would produce a result that is significantly unreasonable, we use the statutory effective tax rate.」
The accounting treatment of using the estimated full-year effective tax rate for quarterly tax expense and the statutory effective tax rate when the result would be unreasonable has continued. - FY2023-Q1RestatedAnnual report
「We estimate on a reasonable basis the effective tax rate after applying tax effect accounting to pretax net income for the consolidated fiscal year including the current first quarter, and calculate pretax quarterly net income by multiplying it by the estimated effective tax rate. However, if calculating tax expense using the estimated effective tax rate would produce a result that is significantly unreasonable, we use the statutory effective tax rate.」
The accounting treatment of using the estimated full-year effective tax rate for quarterly tax expense and the statutory effective tax rate when the result would be unreasonable has continued. - FY2022-Q3RestatedAnnual report
「We estimate on a reasonable basis the effective tax rate after applying tax effect accounting to pretax net income for the current consolidated fiscal year, and calculate quarterly tax expense by multiplying pretax quarterly net income by the estimated effective tax rate. However, if calculating tax expense using the estimated effective tax rate would produce a result that is significantly unreasonable, we use the statutory effective tax rate.」
The accounting treatment of using the estimated full-year effective tax rate for quarterly tax expense and the statutory effective tax rate when the result would be unreasonable has continued. - FY2022-Q2RestatedAnnual report
「We estimate on a reasonable basis the effective tax rate after applying tax effect accounting to pretax net income for the current consolidated fiscal year, and calculate quarterly tax expense by multiplying pretax quarterly net income by the estimated effective tax rate. However, if calculating tax expense using the estimated effective tax rate would produce a result that is significantly unreasonable, we use the statutory effective tax rate.」
The accounting treatment of using the estimated full-year effective tax rate for quarterly tax expense and the statutory effective tax rate when the result would be unreasonable has continued. - FY2022-Q1RestatedAnnual report
「We estimate on a reasonable basis the effective tax rate after applying tax effect accounting to pretax net income for the current consolidated fiscal year, and calculate quarterly tax expense by multiplying pretax quarterly net income by the estimated effective tax rate. However, if calculating tax expense using the estimated effective tax rate would produce a result that is significantly unreasonable, we use the statutory effective tax rate.」
The accounting treatment of using the estimated full-year effective tax rate for quarterly tax expense and the statutory effective tax rate when the result would be unreasonable has continued. - FY2021-Q3RestatedAnnual report
「We estimate on a reasonable basis the effective tax rate after applying tax effect accounting to pretax net income for the current consolidated fiscal year, and calculate quarterly tax expense by multiplying pretax quarterly net income by the estimated effective tax rate. However, if calculating tax expense using the estimated effective tax rate would produce a result that is significantly unreasonable, we use the statutory effective tax rate.」
The accounting treatment of using the estimated effective tax rate for quarterly tax expense and the statutory effective tax rate when the result would be unreasonable has continued. - FY2021-Q2RestatedAnnual report
「We estimate on a reasonable basis the effective tax rate after applying tax effect accounting to pretax net income for the current consolidated fiscal year, and calculate quarterly tax expense by multiplying pretax quarterly net income by the estimated effective tax rate. However, if calculating tax expense using the estimated effective tax rate would produce a result that is significantly unreasonable, we use the statutory effective tax rate.」
The accounting treatment of using the estimated full-year effective tax rate for quarterly tax expense and the statutory effective tax rate when the result would be unreasonable has continued. - FY2021-Q1RestatedAnnual report
「We estimate on a reasonable basis the effective tax rate after applying tax effect accounting to pretax net income for the current consolidated fiscal year, and calculate quarterly tax expense by multiplying pretax quarterly net income by the estimated effective tax rate. However, if calculating tax expense using the estimated effective tax rate would produce a result that is significantly unreasonable, we use the statutory effective tax rate.」
The accounting treatment of using the estimated full-year effective tax rate for quarterly tax expense and the statutory effective tax rate when the result would be unreasonable has continued. - FY2020-Q3RestatedAnnual report
「We estimate on a reasonable basis the effective tax rate after applying tax effect accounting to pretax net income for the current consolidated fiscal year, and calculate quarterly tax expense by multiplying pretax quarterly net income by the estimated effective tax rate. However, if calculating tax expense using the estimated effective tax rate would produce a result that is significantly unreasonable, we use the statutory effective tax rate.」
The accounting treatment of using the estimated full-year effective tax rate for quarterly tax expense and the statutory effective tax rate when the result would be unreasonable has continued. - FY2020-Q2RestatedAnnual report
「We estimate on a reasonable basis the effective tax rate after applying tax effect accounting to pretax net income for the current consolidated fiscal year, and calculate quarterly tax expense by multiplying pretax quarterly net income by the estimated effective tax rate. However, if calculating tax expense using the estimated effective tax rate would produce a result that is significantly unreasonable, we use the statutory effective tax rate.」
The accounting treatment of calculating quarterly tax expense using the estimated full-year effective tax rate and using the statutory effective tax rate when the result would be unreasonable has continued. - FY2019-Q2First statedAnnual report
「We estimate on a reasonable basis the effective tax rate after applying tax effect accounting to pretax net income for the current consolidated fiscal year, and calculate quarterly tax expense by multiplying pretax quarterly net income by the estimated effective tax rate. However, if calculating tax expense using the estimated effective tax rate would produce a result that is significantly unreasonable, we use the statutory effective tax rate.」
For quarterly tax expense, the accounting treatment of calculating tax expense using the estimated full-year effective tax rate and using the statutory effective tax rate when the result would be unreasonable has been disclosed.