Nokia Oyj (Nokia Oyj) Tax Rate % : 2.66% (As of Mar. 2024)

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What is Nokia Oyj Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nokia Oyj's Tax Expense for the three months ended in Mar. 2024 was $13 Mil. Nokia Oyj's Pre-Tax Income for the three months ended in Mar. 2024 was $490 Mil. Therefore, Nokia Oyj's Tax Rate % for the quarter that ended in Mar. 2024 was 2.66%.

Nokia Oyj Tax Rate % Historical Data

The historical data trend for Nokia Oyj's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nokia Oyj Tax Rate % Chart

Nokia Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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88.46

438.22

14.12

-92.77

55.04

Nokia Oyj Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															27.68	28.50	25.70	107.81	2.66

Nokia Oyj Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Nokia Oyj's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	899.673	/	1634.678
	=	55.04 %

Nokia Oyj's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	13.043	/	490.217
	=	2.66 %

Nokia Oyj Tax Rate % Related Terms

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Nokia Oyj (Nokia Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nokia Oyj (NYSE:NOK) » Definitions » Tax Rate %

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NOKBF:USA NOKIA SEK:Sweden NOK N:Mexico NOKIA:Italy 0K8D:UK NOKIAh:UK 0HAF:UK NOKIA:France NOKIA:Finland NOA3:Germany NOAA:Germany NOA3:Germany NOA3:Germany NOAA:Germany NOA3:Germany NOKIA:Czech Republic NOKI34:Brazil NOKI:Austria NOK:Argentina

Address

Karakaari 7, Espoo, FIN, FI-02610

Website

http://www.nokia.com

Nokia provides telecom equipment and services that are used to build wireless and fixed-line networks. It operates in four segments. The mobile networks segment, which sells equipment and services to telecom carriers to power public wireless networks, is the largest, followed closely by network infrastructure. Network infrastructure focuses on fixed networks, including infrastructure, solutions, and components for IP networks, optical networks, and submarine networks. Cloud and network services is a nascent segment catering to enterprises with as-a-service platforms. Nokia also has a sizable research division and patent business, where it licenses technology used by handset providers, consumer electronics firms, and other firms making electronic and Internet of Things products.