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Taoping (TAOP) Tax Rate (2016 - 2018)

Taoping has reported Tax Rate over the past 6 years, most recently at 32.5% for Q4 2018.

  • Quarterly Tax Rate rose 4600.0% to 32.5% in Q4 2018 from the year-ago period, while the trailing twelve-month figure was 8.9% through Dec 2018, up 80794.0% year-over-year, with the annual reading at 0.78% for FY2024, 278.0% up from the prior year.
  • Tax Rate was 32.5% for Q4 2018 at Taoping, down from 51.77% in the prior quarter.
  • Over five years, Tax Rate peaked at 161.1% in Q2 2017 and troughed at 13.51% in Q4 2017.
  • The 3-year median for Tax Rate is 4.12% (2016), against an average of 29.81%.
  • Year-over-year, Tax Rate tumbled -2204bps in 2017 and then soared 5260bps in 2018.
  • A 3-year view of Tax Rate shows it stood at 8.53% in 2016, then crashed by -258bps to 13.51% in 2017, then skyrocketed by 341bps to 32.5% in 2018.
  • Per Business Quant, the three most recent readings for TAOP's Tax Rate are 32.5% (Q4 2018), 51.77% (Q3 2018), and 13.51% (Q4 2017).