Tencent Music Entertainment (TCMEF) Tax Rate (2017 - 2026)

Tencent Music Entertainment has disclosed Tax Rate across 10 years of filings, most recently posting 17.55% for Q1 2026.

• Tax Rate for Q1 2026 came in at 17.55%, down 839.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 17.5% (down 320.0% YoY), and the FY2025 annual result was 14.48%, up 394.0% from the prior year.
• Tax Rate came in at 17.55% for Q1 2026 at Tencent Music Entertainment, down from 17.42% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 9.16% in Q1 2025 to a low of 20.0% in Q1 2024.
• The 5-year median for Tax Rate is 16.96% (2024), against an average of 15.04%.
• Across the five-year window, Tax Rate jumped 1084 bps in 2025 and tumbled 839 bps in 2026, its largest moves.
• Tencent Music Entertainment's Tax Rate stood at 12.06% in 2022, then plunged by 45 bps to 17.5% in 2023, then climbed by 3 bps to 16.96% in 2024, then fell by 3 bps to 17.42% in 2025, then declined by 1 bps to 17.55% in 2026.
• The last three Tax Rate figures came in at 17.55% (Q1 2026), 17.42% (Q4 2025), and 17.72% (Q3 2025), per Business Quant data.