Rani Therapeutics Holdings (RANI) Tax Rate (2020 - 2022)

Rani Therapeutics Holdings has reported Tax Rate for 3 years, with the latest figure at 0.06% in Q4 2022.

• On a quarterly basis, Tax Rate fell 24.0% year-over-year to 0.06% in Q4 2022; TTM through Dec 2023 was 0.02%, a 17.0% increase from a year earlier, with the FY2022 full-year figure at 0.16%, down 8.0% from the prior year.
• Tax Rate was 0.06% for Q4 2022 at Rani Therapeutics Holdings, down from 0.65% in the prior quarter.
• The five-year high for Tax Rate was 0.65% in Q3 2022, with the low at 0.97% in Q2 2022.
• Average Tax Rate over 3 years is 0.18%, with a median of 0.17% recorded in 2020.
• The largest YoY upside for Tax Rate was 78 bps in 2022 against a maximum downside of 96 bps in 2022.
• Over 3 years, Tax Rate stood at 0.21% in 2020, then soared by 243 bps to 0.3% in 2021, then sank by 79 bps to 0.06% in 2022.
• The last three Tax Rate figures came in at 0.06% (Q4 2022), 0.65% (Q3 2022), and 0.97% (Q2 2022), per Business Quant data.