Taoping (TAOP) Tax Rate (2011 - 2018)

Taoping (TAOP) posted quarterly Tax Rate of 2.19% for Q4 2013, up 4.0% year-over-year from 2.11% in Q4 2012, and up 1.79% quarter-over-quarter from 2.15% in Q4 2012.

Taoping (TAOP) Tax Rate (2011 - 2018) Analysis & Trends

Taoping (TAOP) has reported Tax Rate for 3 consecutive years, with 2.19% the latest figure, recorded in Q4 2013.

  • In Q4 2013, Tax Rate rose 4.0% year-over-year to 2.19%; the TTM figure through Dec 2013 stood at 1.43% (changed N/A YoY), while the FY2024 annual figure was 0.78%, up 278.0% from the prior year.
  • Tax Rate rose to 2.19% in Q4 2013 per TAOP's latest filing, from 2.15% in the prior quarter.
  • Across five years, Tax Rate topped out at 2.19% in Q4 2013 and bottomed at 8.41% in Q4 2011.
  • Historically, Tax Rate has averaged 1.12% across 3 years, with a median of 0.86% in 2012.
  • Annual changes were most pronounced in 2012 — Tax Rate surged 1056 bps — and 2013, when it grew 4 bps.
  • Taoping's Tax Rate stood at 8.41% in 2011, then jumped by 126 bps to 2.15% in 2012, then gained by 2 bps to 2.19% in 2013.
  • Business Quant data shows TAOP's Tax Rate at 2.19% in Q4 2013, 2.15% in Q4 2012, and 0.42% in Q3 2012.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Microsoft 3,679.34 Bn 3,546.58 Bn 60.48 Bn 24.84%
2 Oracle 433.50 Bn 402.15 Bn - -10.34%
3 Palantir Technologies 418.20 Bn 408.90 Bn 1.64 Bn 1.42%
4 Palo Alto Networks 312.41 Bn 309.30 Bn 2.03 Bn -13.46%
5 Fortinet 117.38 Bn 113.31 Bn 1.64 Bn 15.97%
6 Cloudflare 101.74 Bn 97.57 Bn 499.52 Mn -1.22%
7 Synopsys 80.70 Bn 78.49 Bn 1.77 Bn 18.14%
8 CoreWeave 58.00 Bn 52.46 Bn 1.70 Bn -10.99%
9 Block 49.79 Bn 43.33 Bn 3.17 Bn 71.11%
10 Taoping 180,783.96 -1.92 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2018 32.50%
Dec 31, 2018 32.50%
Dec 31, 2018 32.50%
Sep 30, 2018 51.77%
Sep 30, 2018 51.77%
Sep 30, 2018 51.77%
Dec 31, 2017 -13.51%
Dec 31, 2017 -13.51%
Dec 31, 2017 -13.51%
Sep 30, 2017 -0.83%
Sep 30, 2017 -0.83%
Sep 30, 2017 -0.83%
Jun 30, 2017 161.10%
Jun 30, 2017 161.10%
Jun 30, 2017 161.10%
Mar 31, 2017 -0.28%
Mar 31, 2017 -0.28%
Mar 31, 2017 -0.28%
Dec 31, 2016 -9.79%
Dec 31, 2016 -9.79%