FORGE INNOVATION DEVELOPMENT CORP. (FGNV) Tax Rate (2019 - 2022)

Forge Innovation Development has reported Tax Rate for 4 years, with the latest figure at 27.38% in Q3 2022.

• On a quarterly basis, Tax Rate changed N/A year-over-year to 27.38% in Q3 2022; TTM through Dec 2022 was 9.3%, a 869.0% decrease from a year earlier, with the FY2022 full-year figure at 6.8%, down 619.0% from the prior year.
• Tax Rate was 27.38% for Q3 2022 at Forge Innovation Development, up from 9.37% in the prior quarter.
• The five-year high for Tax Rate was 27.38% in Q3 2022, with the low at 9.37% in Q2 2022.
• Average Tax Rate over 4 years is 2.24%, with a median of 1.09% recorded in 2019.
• The largest YoY upside for Tax Rate was 837 bps in 2022 against a maximum downside of 837 bps in 2022.
• Over 4 years, Tax Rate stood at 1.18% in 2019, then rose by 21 bps to 0.93% in 2020, then tumbled by 55 bps to 1.44% in 2021, then soared by 1999 bps to 27.38% in 2022.
• The last three Tax Rate figures came in at 27.38% (Q3 2022), 9.37% (Q2 2022), and 1.44% (Q4 2021), per Business Quant data.