Forge Innovation Development (FGNV) Tax Rate (2019 - 2022)

Forge Innovation Development's Tax Rate history runs 4 years deep, the most recent figure standing at 27.38% for Q3 2022.

• In Q3 2022, Tax Rate changed N/A year-over-year to 27.38%; the TTM figure through Dec 2022 stood at 9.3% (down 869.0% YoY), while the FY2022 annual figure was 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.
• In the past five years, Tax Rate ranged from a high of 27.38% in Q3 2022 to a low of 9.37% in Q2 2022.
• Historically, Tax Rate has averaged 2.24% across 4 years, with a median of 1.09% in 2019.
• Biggest YoY gain for Tax Rate was 837 bps in 2022; the steepest drop was 837 bps in 2022.
• A 4-year view of Tax Rate shows it stood at 1.18% in 2019, then increased by 21 bps to 0.93% in 2020, then plunged by 55 bps to 1.44% in 2021, then surged 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.