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| Date | Value |
|---|---|
| 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% |