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Kuwait Financial Centre-Markaz (KUW:MARKAZ) Tax Rate % : 4.50% (As of Mar. 2024)


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What is Kuwait Financial Centre-Markaz Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Kuwait Financial Centre-Markaz's Tax Expense for the three months ended in Mar. 2024 was KWD0.13 Mil. Kuwait Financial Centre-Markaz's Pre-Tax Income for the three months ended in Mar. 2024 was KWD2.98 Mil. Therefore, Kuwait Financial Centre-Markaz's Tax Rate % for the quarter that ended in Mar. 2024 was 4.50%.

Kuwait Financial Centre-Markaz Tax Rate % Historical Data

The historical data trend for Kuwait Financial Centre-Markaz'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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Kuwait Financial Centre-Markaz Tax Rate % Chart

Kuwait Financial Centre-Markaz Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.56 - 4.01 3.41 2.45

Kuwait Financial Centre-Markaz 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 1.71 2.64 4.50

Kuwait Financial Centre-Markaz Tax Rate % Calculation

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

Kuwait Financial Centre-Markaz'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 )
=0.227/9.279
=2.45 %

Kuwait Financial Centre-Markaz'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 )
=0.134/2.98
=4.50 %

* 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.

Kuwait Financial Centre-Markaz Tax Rate % Related Terms

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Kuwait Financial Centre-Markaz (KUW:MARKAZ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Kuwait Financial Centre-Markaz (KUW:MARKAZ) » Definitions » Tax Rate %
Comparable Companies
KUW:IFA KUW:ALIMTIAZ KUW:ALSAFAT KUW:ASIYA KUW:COAST KUW:KAMCO KUW:RASIYAT KUW:NIH KUW:INOVEST KUW:SECH BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
Ahmad Al Jaber Street, Universal Tower, Floor 3, P.O. Box 23444,, Safat, KWT, 13095
Website
https://www.markaz.com
Kuwait Financial Centre-Markaz is a assets management company. It provides investment banking, Asset management, Real estate management, Wealth management and research.

Kuwait Financial Centre-Markaz (KUW:MARKAZ) Headlines

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