Fortune Valley Treasures, Inc. Annual Income Tax Expense (Benefit) in USD from 2017 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Fortune Valley Treasures, Inc. quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2017 to 2023.
  • Fortune Valley Treasures, Inc. Income Tax Expense (Benefit) for the quarter ending June 30, 2024 was $90.000, a 99.6% decline year-over-year.
  • Fortune Valley Treasures, Inc. Income Tax Expense (Benefit) for the twelve months ending June 30, 2024 was $352.000, a 99.8% decline year-over-year.
  • Fortune Valley Treasures, Inc. annual Income Tax Expense (Benefit) for 2023 was $96.4K, a 48.3% decline from 2022.
  • Fortune Valley Treasures, Inc. annual Income Tax Expense (Benefit) for 2022 was $186K, a 25.1% decline from 2021.
  • Fortune Valley Treasures, Inc. annual Income Tax Expense (Benefit) for 2021 was $249K, a 18.9% decline from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $96.4K -$90K -48.3% Jan 1, 2023 Dec 31, 2023 10-K 2024-04-15
2022 $186K -$62.4K -25.1% Jan 1, 2022 Dec 31, 2022 10-K 2024-04-15
2021 $249K -$58.1K -18.9% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-31
2020 $307K +$307K Jan 1, 2020 Dec 31, 2020 10-K 2022-04-01
2019 -$82 -$2.9K -103% Jan 1, 2019 Dec 31, 2019 10-K 2021-04-26
2018 $2.81K -$19 -0.67% Jan 1, 2018 Dec 31, 2018 10-K 2020-05-14
2017 $2.83K Jan 1, 2017 Dec 31, 2017 10-K 2019-04-02
* An asterisk sign (*) next to the value indicates that the value is likely invalid.