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Newegg Commerce (NEGG) Tax Rate: 2010-2023

Historic Tax Rate for Newegg Commerce (NEGG) over the last 7 years, with Q4 2023 value amounting to 1.73%.

  • Newegg Commerce's Tax Rate rose 2200400.0% to 1.73% in Q4 2023 from the same period last year, while for Dec 2023 it was 32.83%, marking a year-over-year increase of 1002400.0%. This contributed to the annual value of 4.49% for FY2024, which is 1400.0% up from last year.
  • As of Q4 2023, Newegg Commerce's Tax Rate stood at 1.73%, which was up 2200400.0% from 7.27% recorded in Q3 2023.
  • Newegg Commerce's Tax Rate's 5-year high stood at 25.9% during Q3 2022, with a 5-year trough of 221.76% in Q4 2022.
  • For the 3-year period, Newegg Commerce's Tax Rate averaged around 63.31%, with its median value being 0.54% (2023).
  • Per our database at Business Quant, Newegg Commerce's Tax Rate crashed by -294300bps in 2022 and then skyrocketed by 2200400bps in 2023.
  • Over the past 3 years, Newegg Commerce's Tax Rate (Quarter) stood at 192.33% in 2021, then fell by -15bps to 221.76% in 2022, then skyrocketed by 99bps to 1.73% in 2023.
  • Its Tax Rate was 1.73% in Q4 2023, compared to 7.27% in Q3 2023 and 221.76% in Q4 2022.