Taitron Components Inc (TAIT) Tax Rate (2018 - 2024)
Taitron Components (TAIT) posted Tax Rate of 259.26% for Q4 2024, up 193.65 percentage points from 65.61% a year earlier and up 256.10 percentage points from the prior quarter.
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Analysis
Taitron Components Inc (TAIT) Tax Rate (2018 - 2024) Analysis & Trends
For FY2024, Taitron Components' Tax Rate came in at 36.25%, up 18.00 percentage points from FY2023.
- Annual Tax Rate shows a four-year change of +35.96 percentage points (FY2020 to FY2024).
- In prior years, Taitron Components' Tax Rate was 18.25% in FY2023, 16.18% in FY2021 (+15.89 pp) and 0.29% in FY2020.
- The Q4 2024 figure stands as the highest quarterly Tax Rate in data going back to Q1 2018.
- On a year-over-year basis, Tax Rate increased in two of the last seven quarters, with an average year-over-year change of +21.60 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q4 2024, with a gain of 193.65 percentage points; the weakest was Q4 2023, with a drop of 17.01 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 3.16% (Q3 2024), 1.69% (Q2 2024) and 1.43% (Q1 2024).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 259.26% |
| Sep 30, 2024 | 3.16% |
| Jun 30, 2024 | 1.69% |
| Mar 31, 2024 | 1.43% |
| Dec 31, 2023 | 65.61% |
| Sep 30, 2023 | 13.11% |
| Jun 30, 2023 | 7.01% |
| Mar 31, 2023 | 5.11% |
| Dec 31, 2022 | 82.62% |
| Sep 30, 2022 | 20.53% |
| Jun 30, 2022 | 6.13% |
| Dec 31, 2021 | 48.73% |
| Sep 30, 2021 | 0.15% |
| Jun 30, 2021 | 0.17% |
| Mar 31, 2021 | 0.30% |
| Dec 31, 2020 | 0.14% |
| Sep 30, 2020 | 0.23% |
| Jun 30, 2020 | 0.83% |
| Mar 31, 2020 | 1.10% |
| Sep 30, 2019 | 0.39% |
API Access
Taitron Components Inc Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=TAIT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "TAIT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=TAIT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();