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TAOP (Taoping) Tax Rate % : 0.84% (As of Jun. 2024)


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What is Taoping Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Taoping's Tax Expense for the six months ended in Jun. 2024 was $0.01 Mil. Taoping's Pre-Tax Income for the six months ended in Jun. 2024 was $0.59 Mil. Therefore, Taoping's Tax Rate % for the quarter that ended in Jun. 2024 was 0.84%.

Taoping Tax Rate % Historical Data

The historical data trend for Taoping'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.

Taoping Tax Rate % Chart

Taoping 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 7.08 0.39 -0.04 -13.65 -3.57

Taoping Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -0.22 5.11 -1.99 -1.76 0.84

Taoping Tax Rate % Calculation

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

Taoping'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 )
=0.008/-0.224
=-3.57 %

Taoping's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=0.005/0.594
=0.84 %

* 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.

Taoping Tax Rate % Related Terms

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Taoping Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Taoping Inc (NAS:TAOP) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
Everbright Bank Building, 21st Floor, Zhuzilin, Futian District, Guangdong, Shenzhen, CHN, 518040
Website
http://www.taop.com
Taoping Inc is a provider of cloud-app technologies for smart city IoT platforms, digital advertising delivery, and other internet-based information distribution systems in China. Its operating segment includes Cloud-based Technology (CBT), Blockchain Technology (BT), and Traditional Information Technology (TIT). It generates maximum revenue from the CBT segment. CBT segment includes cloud-based products and services offered to customers in the private sector including new media, healthcare, education, and residential community management.