Forum Markets (FRMM) Tax Rate (2017 - 2023)

Forum Markets' Tax Rate history runs 6 years deep, the most recent figure standing at 0.36% for Q4 2023.

• In Q4 2023, Tax Rate changed N/A year-over-year to 0.36%; the TTM figure through Dec 2023 stood at 10.6% (changed N/A YoY), while the FY2025 annual figure was 0.92%, down 85.0% from the prior year.
• Tax Rate was 0.36% for Q4 2023 at Forum Markets, down from 18.6% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 173.73% in Q3 2019 to a low of 1.88% in Q2 2020.
• Historically, Tax Rate has averaged 24.24% across 4 years, with a median of 0.29% in 2023.
• The sharpest annual moves came in 2019 and 2020: Tax Rate surged 15226 bps in 2019, then tumbled 17311 bps in 2020.
• A 4-year view of Tax Rate shows it stood at 0.88% in 2019, then tumbled by 92 bps to 0.07% in 2020, then sank by 1072 bps to 0.64% in 2021, then soared by 155 bps to 0.36% in 2023.
• The last three Tax Rate figures came in at 0.36% (Q4 2023), 18.6% (Q3 2023), and 0.64% (Q4 2021), per Business Quant data.