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

Tencent Music Entertainment (TCMEF) has 10 years of Tax Rate data on file, last reported at 17.55% in Q1 2026.

• Quarterly Tax Rate fell 839.0% year-over-year to 17.55% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 17.5% (down 320.0% YoY) and the FY2025 annual result came in at 14.48%, up 394.0% from the prior year.
• Tax Rate declined to 17.55% in Q1 2026 per TCMEF's latest filing, from 17.42% in the prior quarter.
• The five-year high for Tax Rate was 9.16% in Q1 2025, with the low at 20.0% in Q1 2024.
• Average Tax Rate over 5 years is 15.04%, with a median of 16.96% recorded in 2024.
• Year-over-year, Tax Rate surged 1084 bps in 2025 and sank 839 bps in 2026.
• Tencent Music Entertainment's Tax Rate stood at 12.06% in 2022, then sank by 45 bps to 17.5% in 2023, then rose by 3 bps to 16.96% in 2024, then slipped by 3 bps to 17.42% in 2025, then decreased by 1 bps to 17.55% in 2026.
• Business Quant data shows TCMEF's Tax Rate at 17.55% in Q1 2026, 17.42% in Q4 2025, and 17.72% in Q3 2025.