Sanlam (NAM:SLA) Tax Rate % : 19.83% (As of Dec. 2023)

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What is Sanlam Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sanlam's Tax Expense for the six months ended in Dec. 2023 was R2,293 Mil. Sanlam's Pre-Tax Income for the six months ended in Dec. 2023 was R11,565 Mil. Therefore, Sanlam's Tax Rate % for the quarter that ended in Dec. 2023 was 19.83%.

Sanlam Tax Rate % Historical Data

The historical data trend for Sanlam'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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Sanlam Tax Rate % Chart

Sanlam Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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39.53

41.37

8.46

20.64

21.26

Sanlam 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															5.67	19.76	21.11	23.07	19.83

Sanlam Tax Rate % Calculation

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

Sanlam'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 )
	=	4396	/	20682
	=	21.26 %

Sanlam'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 )
	=	2293	/	11565
	=	19.83 %

Sanlam Tax Rate % Related Terms

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Sanlam (NAM:SLA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sanlam Ltd (NAM:SLA) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SLM:South Africa SLMAF:USA SLLDY:USA LA6A:Germany

Address

2 Strand Road, Bellville, ZAF, 7530

Website

https://www.sanlam.com

Sanlam sells multiple insurance products and provides a variety of investment and wealth management services. Its products and services are organized into five categories: life insurance, general insurance, investment management, credit and structuring, and administration, health, and other. Life and general insurance products include life, disability, medical, vehicle, home, building, and all risk. Investment management services include retail savings, asset management, and wealth management. Credit and structuring services include debt investments in business. The administration, health, and other services include estate planning, trusts, wills, unsecured lending, and health management. The majority of revenue comes from Africa.

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