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

Forge Innovation Development (FGNV) posted quarterly Tax Rate of 27.38% for Q3 2022, up 392.28% quarter-over-quarter from 9.37% in Q2 2022.

Forge Innovation Development Corp. (FGNV) Tax Rate (2019 - 2022) Analysis & Trends

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 for Q3 2022 stood at 27.38%, 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.
The 4-year median for Tax Rate is 1.09% (2019), against an average of 2.25%.
Peak annual rise in Tax Rate reached 837 bps in 2022, while the deepest fall reached 837 bps in 2022.
Forge Innovation Development's Tax Rate stood at 1.18% in 2019, then gained by 24 bps to 0.9% in 2020, then tumbled by 60 bps to 1.44% in 2021, then jumped by 1999 bps to 27.38% in 2022.
Business Quant data shows FGNV's Tax Rate at 27.38% in Q3 2022, 9.37% in Q2 2022, and 1.44% in Q4 2021.

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