Nokia (NOK) Tax Rate (2009 - 2024)

Nokia has disclosed Tax Rate across 15 years of filings, most recently posting 19.87% for Q2 2024.

• In Q2 2024, Tax Rate rose 874.0% year-over-year to 19.87%; the TTM figure through Jun 2024 stood at 24.27% (down 262.0% YoY), while the FY2025 annual figure was 30.27%, down 1210.0% from the prior year.
• Tax Rate came in at 19.87% for Q2 2024 at Nokia, up from 28.61% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 2795.54% in Q4 2020 to a low of 28.61% in Q2 2023.
• Average Tax Rate over 4 years is 290.72%, with a median of 21.59% recorded in 2020.
• Year-over-year, Tax Rate soared 281774 bps in 2020 and tumbled 281171 bps in 2021.
• Over 4 years, Tax Rate stood at 2795.54% in 2020, then plunged by 101 bps to 16.17% in 2021, then plunged by 77 bps to 28.61% in 2023, then soared by 31 bps to 19.87% in 2024.
• Per Business Quant data, the three most recent Tax Rate figures were 19.87% in Q2 2024, 28.61% in Q2 2023, and 16.17% in Q4 2021.