Scientific Industries (SCND) Tax Rate (2010 - 2023)

Scientific Industries (SCND) has reported Tax Rate for 14 consecutive years, with 4.67% the latest figure, recorded in Q4 2023.

• In Q4 2023, Tax Rate changed N/A year-over-year to 4.67%; the TTM figure through Sep 2024 stood at 1.52% (up 149.0% YoY), while the FY2025 annual figure was 0.26%, changed N/A from the prior year.
• Tax Rate came in at 4.67% for Q4 2023 at Scientific Industries, up from 0.06% in the prior quarter.
• The five-year high for Tax Rate was 92.87% in Q1 2019, with the low at 16.46% in Q2 2019.
• Average Tax Rate over 5 years is 25.4%, with a median of 16.43% recorded in 2020.
• The largest YoY upside for Tax Rate was 8934 bps in 2020 against a maximum downside of 7644 bps in 2020.
• Year by year, Tax Rate stood at 16.46% in 2019, then jumped by 296 bps to 32.29% in 2020, then slumped by 36 bps to 20.66% in 2021, then sank by 100 bps to 0.06% in 2022, then jumped by 7393 bps to 4.67% in 2023.
• According to Business Quant data, Tax Rate over the past three periods registered 4.67%, 0.06%, and 5.16% for Q4 2023, Q2 2022, and Q1 2022 respectively.