Examples of Consolidated Income Taxes in a sentence
See further information regarding the income taxes in the Consolidated Income Taxes discussion above and in Note 14 to the Consolidated Financial Statements.
Consolidated Income Taxes ...........................................................................................
Current taxes are booked based on the applicable rates and rules considering taxable income as determined by adjusting the reported profit in accordance with the Consolidated Income Taxes Act.Deferred tax assets and liabilities are calculated on temporary differences between the value of assets and liabilities for statutory reporting purposes and the corresponding amounts for tax purposes.
See further information regarding the income taxes in the Consolidated Income Taxes discussion above and in Note 15 to the Consolidated Financial Statements.
Consolidated Income Taxes Consolidated income taxes decreased in the first quarter of 2012 to $239 million from $246 million in the first quarter of 2011 resulting in an effective tax rate of 29% and 28%, respectively.