Lightpath Technologies LPTH Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rates
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rates at other companies
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Where this comes from
Reported directly by Lightpath Technologies in its filing.
Tagged under the XBRL concept lpth:EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRates.
The source filing: Lightpath Technologies’s 10-K, filed September 26, 2025.
- Filed
- Sep 26, 2025
- Fiscal year
- FY2025
- Accession
- 0001654954-25-011130
The Company’s Chinese subsidiary, LPOIZ, is governed by the Income Tax Law of the People’s Republic of China concerning the privately run and foreign invested enterprises, which are generally subject to tax at a statutory rate of 25% on income reported in the statutory financial statements after appropriate tax adjustments. For both the years ended June 30, 2025 and 2024, the tax rate for LPOIZ was 15%, in accordance with an incentive program for technology companies. The net deferred tax liability for LPOIZ is approximately $0.2 million and $0.4 million as of June 30, 2025 and 2024, respectively, primarily related to timing differences related to accelerated depreciation on fixed assets.
Item 16. Form 10-K Summary.
FAQ
- What is Lightpath Technologies's effective income tax rate reconciliation at federal statutory income tax rates?
- Lightpath Technologies (LPTH) reported effective income tax rate reconciliation at federal statutory income tax rates of 25% in Q2 2025.
- What does effective income tax rate reconciliation at federal statutory income tax rates mean?
- Reflects the theoretical income tax expense calculated by applying the federal statutory tax rate to the company's pre-tax income. It serves as the baseline starting point for the effective tax rate reconciliation process.
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