Magic Software Enterprises (RMTHF) Tax Rate (2009 - 2025)

Magic Software Enterprises has reported Tax Rate for 17 years, with the latest figure at 22.53% in Q2 2025.

• For the quarter ending Q2 2025, Tax Rate rose 37.0% year-over-year to 22.53%; the trailing twelve-month figure through Jun 2025 stood at 21.7% (up 87.0% YoY), and the FY2024 full-year result was 20.74%, up 180.0% from the prior year.
• Tax Rate for Q2 2025 stood at 22.53%, roughly flat from 22.44% in the prior quarter.
• The five-year high for Tax Rate was 28.64% in Q4 2021, with the low at 14.49% in Q4 2022.
• Historically, Tax Rate has averaged 20.93% across 5 years, with a median of 21.75% in 2022.
• Annual changes were most pronounced in 2021 — Tax Rate soared 1554 bps — and 2022, when it sank 1415 bps.
• Magic Software Enterprises' Tax Rate stood at 28.64% in 2021, then slumped by 49 bps to 14.49% in 2022, then rose by 7 bps to 15.55% in 2023, then soared by 44 bps to 22.44% in 2024, then gained by 0 bps to 22.53% in 2025.
• The last three Tax Rate figures came in at 22.53% (Q2 2025), 22.44% (Q4 2024), and 23.88% (Q3 2024), per Business Quant data.