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
DateValue
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%