CLS Holdings USA, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Income Taxes (Tables)

Income Taxes (Tables)

6 Months Ended

Nov. 30, 2023

Income Tax Disclosure [Abstract]

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The components of the income tax provision include:

		Three Months Ended November 30,
		2023				2022
Revenue		$	5,197,214			$	6,074,177
Directly attributable costs			(3,025,595	)			(3,613,744	)
Deferred			2,171,619				2,460,433
Tax rate			21	%			21	%
Tax expense		$	456,040			$	516,691

		Six Months Ended November 30,
		2023				2022
Revenue		$	10,311,741			$	12,119,104
Directly attributable costs			(5,866,196	)			(7,186,837	)
Deferred			4,445,545				4,932,267
Tax rate			21	%			21	%
Tax expense		$	933,564			$	1,035,776