(v6195.00) Cash Income Tax Rate (Tc)

Income Taxes on Operations (v3240) represents the portion of total income taxes that is applicable to operating profit only (Taxable Operating Profit (v3210)). Income Taxes on Operations (v3240) is the total taxes on Taxable Operating Profit (v3210) for a fiscal year that paid by installments or are payable within 12 months. (The latter are shown as a liability in Income Taxes Payable (v2530) at year end.)

The Cash Income Tax Rate (v6195) is calculated as follows:

Total Taxes on Operations (v3280.00)
Taxable Oper. Profit (v3210.00) + Gain on Sale of Assets (v1170.00)