Standard Chartered (LSE:STAB.PFD) Tax Rate % : 27.12% (As of Mar. 2024)

View and export this data going back to 1993. Start your Free Trial

What is Standard Chartered Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Standard Chartered's Tax Expense for the three months ended in Mar. 2024 was £408.45 Mil. Standard Chartered's Pre-Tax Income for the three months ended in Mar. 2024 was £1,506.32 Mil. Therefore, Standard Chartered's Tax Rate % for the quarter that ended in Mar. 2024 was 27.12%.

Standard Chartered Tax Rate % Historical Data

The historical data trend for Standard Chartered'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.

* Premium members only.

Standard Chartered Tax Rate % Chart

Standard Chartered Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

36.98

53.44

30.89

32.29

32.02

Standard Chartered 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															25.66	31.29	78.04	17.50	27.12

Standard Chartered Tax Rate % Calculation

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

Standard Chartered'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 )
	=	1288.49	/	4023.47
	=	32.02 %

Standard Chartered'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 )
	=	408.453	/	1506.318
	=	27.12 %

Standard Chartered Tax Rate % Related Terms

Thank you for viewing the detailed overview of Standard Chartered's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Standard Chartered (LSE:STAB.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Standard Chartered PLC (LSE:STAB.PFD) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SCBFY:USA SCBFF:USA 02888:Hong Kong STANl:UK STAN:UK STAC.PFD:UK STD:Germany

Address

1 Basinghall Avenue, London, GBR, EC2V 5DD

Website

https://www.sc.com

Standard Chartered Bank was established in 1853 by Royal Charter in the United Kingdom, with the holding company Standard Chartered PLC incorporated in 1969. The bank is domiciled in the U.K. and provides banking services across 60 countries, primarily in Asia, Africa, the Middle East, and the United Kingdom. The bulk of the business is in corporate and transaction banking, financial markets, and corporate finance. The bank has strong retail franchises focusing on the affluent segment in Hong Kong, Singapore, and certain countries in Africa. The bank has also launched a ventures division to focus on financial technology, including digital banks in Hong Kong and Singapore, online payment, and digital assets.

Standard Chartered (LSE:STAB.PFD) Headlines

No Headlines