Micromem Technologies (MMTIF) Tax Rate (2009 - 2012)

Micromem Technologies has disclosed Tax Rate across 4 years of filings, most recently posting 71.55% for Q1 2012.

• In Q1 2012, Tax Rate rose 7159.0% year-over-year to 71.55%; the TTM figure through Jan 2012 stood at 0.43% (up 45.0% YoY), while the FY2011 annual figure was 0.04%, down 17.0% from the prior year.
• Tax Rate came in at 71.55% for Q1 2012 at Micromem Technologies, up from 0.0% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 71.55% in Q1 2012 to a low of 0.04% in Q1 2011.
• Average Tax Rate over 4 years is 6.96%, with a median of 0.78% recorded in 2009.
• Year-over-year, Tax Rate slumped 488 bps in 2011 and surged 7159 bps in 2012.
• Over 4 years, Tax Rate stood at 0.87% in 2009, then grew by 22 bps to 1.06% in 2010, then sank by 100 bps to 0.0% in 2011, then jumped by 4577232 bps to 71.55% in 2012.
• Per Business Quant data, the three most recent Tax Rate figures were 71.55% in Q1 2012, 0.0% in Q3 2011, and 0.04% in Q2 2011.