Magic Software Enterprises (MGIC) Tax Rate (2016 - 2025)
Historic Tax Rate for Magic Software Enterprises (MGIC) over the last 17 years, with Q2 2025 value amounting to 22.53%.
- Magic Software Enterprises' Tax Rate rose 3700.0% to 22.53% in Q2 2025 from the same period last year, while for Jun 2025 it was 21.7%, marking a year-over-year increase of 8700.0%. This contributed to the annual value of 20.74% for FY2024, which is 18000.0% up from last year.
- Magic Software Enterprises' Tax Rate amounted to 22.53% in Q2 2025, which was up 3700.0% from 22.44% recorded in Q4 2024.
- Magic Software Enterprises' 5-year Tax Rate high stood at 28.64% for Q4 2021, and its period low was 14.49% during Q4 2022.
- Its 5-year average for Tax Rate is 20.93%, with a median of 21.75% in 2022.
- As far as peak fluctuations go, Magic Software Enterprises' Tax Rate soared by 155400bps in 2021, and later tumbled by -141500bps in 2022.
- Magic Software Enterprises' Tax Rate (Quarter) stood at 28.64% in 2021, then tumbled by -49bps to 14.49% in 2022, then increased by 7bps to 15.55% in 2023, then skyrocketed by 44bps to 22.44% in 2024, then rose by 0bps to 22.53% in 2025.
- Its Tax Rate stands at 22.53% for Q2 2025, versus 22.44% for Q4 2024 and 23.88% for Q3 2024.