Bce (BCE) Tax Rate (2009 - 2023)
Bce (BCE) posted quarterly Tax Rate of 36.79% for Q2 2023, down 2330.0% year-on-year from 1.65% in Q2 2022, and down 172.61% on a QoQ basis from 13.5% in Q2 2022.
Bce (BCE) Tax Rate (2009 - 2023) Analysis & Trends
Bce (BCE) has reported Tax Rate for 9 consecutive years, with 36.79% the latest figure, recorded in Q2 2023.
- Quarterly Tax Rate fell 2330.0% year-over-year to 36.79% in Q2 2023, while the trailing twelve-month figure through Jun 2023 was 27.88% (up 598.0% YoY) and the FY2022 annual result came in at 31.11%, up 919.0% from the prior year.
- Tax Rate retreated to 36.79% in Q2 2023 per BCE's latest filing, from 13.5% in the prior quarter.
- Over the last five years, Tax Rate for BCE reached as high as 43.51% in Q2 2019 and fell as low as 36.79% in Q2 2023.
- A 4-year average of 0.85% and a median of 5.06% in 2020 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2020 — Tax Rate sank 4013 bps — and 2023, when it sank 2330 bps.
- Year by year, Tax Rate stood at 43.51% in 2019, then plunged by 92 bps to 3.39% in 2020, then sank by 499 bps to 13.5% in 2022, then slumped by 173 bps to 36.79% in 2023.
- According to Business Quant data, Tax Rate over the past three periods registered 36.79%, 13.5%, and 3.39% for Q2 2023, Q2 2022, and Q2 2020 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | America Movil Sab De Cv | 1,543.97 Bn | 1,543.97 Bn | 7.08 Bn | 33.36% |
| 2 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,427.96 Bn | -8,564.04 Bn | - | - |
| 3 | Grupo Televisa, S.A.B | 958.85 Bn | 957.15 Bn | 317.18 Mn | -150.96% |
| 4 | Chunghwa Telecom | 334.17 Bn | 331.99 Bn | 719.92 Mn | 19.52% |
| 5 | Verizon Communications | 198.41 Bn | 190.05 Bn | 29.14 Bn | 24.15% |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn | 25.16% |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn | 13.47% |
| 8 | Veon | 90.84 Bn | 90.84 Bn | - | -32.79% |
| 9 | Tim | 50.18 Bn | 50.03 Bn | 677.20 Mn | -17.02% |
| 10 | Bce | 19.85 Bn | 18.86 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | -36.79% |
| Jun 30, 2023 | -36.79% |
| Jun 30, 2023 | -36.79% |
| Jun 30, 2022 | -13.50% |
| Jun 30, 2022 | -13.50% |
| Jun 30, 2022 | -13.50% |
| Jun 30, 2020 | 3.39% |
| Jun 30, 2020 | 3.39% |
| Jun 30, 2020 | 3.39% |
| Jun 30, 2019 | 43.51% |
| Jun 30, 2019 | 43.51% |
| Jun 30, 2019 | 43.51% |
| Sep 30, 2013 | -26.74% |
| Sep 30, 2013 | -26.74% |
| Sep 30, 2013 | -26.74% |
| Jun 30, 2013 | -22.61% |
| Jun 30, 2013 | -22.61% |
| Jun 30, 2013 | -22.61% |
| Mar 31, 2013 | -26.40% |
| Mar 31, 2013 | -26.40% |