Platinum Asset Management (ASX:PTM) Tax Rate % : 0.00% (As of Dec. 2023)

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What is Platinum Asset Management Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Platinum Asset Management's Tax Expense for the six months ended in Dec. 2023 was A$0.0 Mil. Platinum Asset Management's Pre-Tax Income for the six months ended in Dec. 2023 was A$-0.2 Mil. Therefore, Platinum Asset Management's Tax Rate % for the quarter that ended in Dec. 2023 was 0.00%.

Platinum Asset Management Tax Rate % Historical Data

The historical data trend for Platinum Asset Management'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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Platinum Asset Management Tax Rate % Chart

Platinum Asset Management Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Tax Rate %

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28.97

29.51

30.29

30.82

30.75

Platinum Asset Management Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															29.83	32.21	30.52	30.95	-

Platinum Asset Management Tax Rate % Calculation

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

Platinum Asset Management's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Jun. 2023 )	/	Pre-Tax Income (A: Jun. 2023 )
	=	35.907	/	116.77
	=	30.75 %

Platinum Asset Management's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	0	/	-0.179
	=	0.00 %

Platinum Asset Management Tax Rate % Related Terms

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Platinum Asset Management (ASX:PTM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Platinum Asset Management Ltd (ASX:PTM) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

PIJ:Germany

Address

Level 8, 7 Macquarie Place, Sydney, NSW, AUS, 2000

Website

https://www.platinum.com.au

Platinum Asset Management is an Australian-based niche fund manager with a specialty in international equities founded in 1994. It offers region and industry-specific funds in addition to global portfolios. There is flexibility in the investment strategies at Platinum, with funds having the option to engage in short-selling, taking positions in foreign exchange markets, and derivative-based activities to manage risk and aid performance.