Asure Software (ASUR) Tax Rate (2016 - 2020)
Asure Software's Tax Rate history spans 11 years, with the latest figure at 4.78% for Q4 2020.
- For the quarter ending Q4 2020, Tax Rate fell 5254.0% year-over-year to 4.78%, compared with a TTM value of 2.11% through Dec 2020, down 3842.0%, and an annual FY2020 reading of 2.11%, down 3842.0% over the prior year.
- Tax Rate for Q4 2020 was 4.78% at Asure Software, down from 6.39% in the prior quarter.
- The five-year high for Tax Rate was 79.78% in Q4 2018, with the low at 111.43% in Q4 2016.
- Average Tax Rate over 5 years is 0.16%, with a median of 3.84% recorded in 2016.
- Year-over-year, Tax Rate plummeted -12724bps in 2016 and then surged 12640bps in 2017.
- Tracing ASUR's Tax Rate over 5 years: stood at 111.43% in 2016, then soared by 113bps to 14.97% in 2017, then skyrocketed by 433bps to 79.78% in 2018, then plummeted by -40bps to 47.76% in 2019, then tumbled by -110bps to 4.78% in 2020.
- Per Business Quant, the three most recent readings for ASUR's Tax Rate are 4.78% (Q4 2020), 6.39% (Q3 2020), and 10.57% (Q2 2020).