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

Tencent Music Entertainment has reported Tax Rate for 10 years, with the latest figure 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 TME's latest filing, from 17.42% in the prior quarter.
• Over five years, Tax Rate peaked at 9.16% in Q1 2025 and troughed at 20.0% in Q1 2024.
• A 5-year average of 15.04% and a median of 16.96% in 2024 frame the typical range for Tax Rate.
• The sharpest annual moves came in 2025 and 2026: Tax Rate soared 1084 bps in 2025, then tumbled 839 bps in 2026.
• Over 5 years, Tax Rate stood at 12.06% in 2022, then plunged by 45 bps to 17.5% in 2023, then increased by 3 bps to 16.96% in 2024, then decreased by 3 bps to 17.42% in 2025, then retreated by 1 bps to 17.55% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 17.55%, 17.42%, and 17.72% for Q1 2026, Q4 2025, and Q3 2025 respectively.