Taiwan Semiconductor Manufacturing (TSM) Tax Rate (2009 - 2026)
Taiwan Semiconductor Manufacturing's (TSM) quarterly Tax Rate came in at 18.05% in Q2 2026, down 133.0% on a YoY basis from 54.69% in Q2 2025, and up 7.94% quarter-over-quarter from 16.72% in Q1 2026.
Analysis
Taiwan Semiconductor Manufacturing (TSM) Tax Rate (2009 - 2026) Analysis & Trends
Taiwan Semiconductor Manufacturing (TSM) has reported Tax Rate for 18 consecutive years, with 18.05% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 133.0% year-over-year to 18.05%; the trailing twelve-month figure through Jun 2026 stood at 16.89% (down 101.0% YoY), and the FY2025 full-year result was 16.97%, down 69.0% from the prior year.
- Tax Rate advanced to 18.05% in Q2 2026 per TSM's latest filing, from 16.72% in the prior quarter.
- Across five years, Tax Rate topped out at 19.88% in Q4 2024 and bottomed at 9.65% in Q4 2023.
- Historically, Tax Rate has averaged 15.38% across 5 years, with a median of 15.44% in 2024.
- The sharpest annual moves came in 2023 and 2024: Tax Rate slumped 896 bps in 2023, then soared 1023 bps in 2024.
- Over 5 years, Tax Rate stood at 18.61% in 2022, then sank by 48 bps to 9.65% in 2023, then soared by 106 bps to 19.88% in 2024, then slipped by 9 bps to 18.1% in 2025, then dropped by 0 bps to 18.05% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 18.05%, 16.72%, and 18.1% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 2,246.74 Bn | 2,142.69 Bn | 27.22 Bn | 18.05% |
| 2 | Micron Technology | 1,101.07 Bn | 1,075.05 Bn | 35.06 Bn | 14.99% |
| 3 | Intel | 519.13 Bn | 505.00 Bn | 6.51 Bn | -0.27% |
| 4 | Texas Instruments | 245.39 Bn | 238.39 Bn | 3.35 Bn | 11.53% |
| 5 | Analog Devices | 183.54 Bn | 181.22 Bn | 2.71 Bn | 13.31% |
| 6 | NXP Semiconductors | 59.67 Bn | 56.81 Bn | 2.00 Bn | 19.40% |
| 7 | United Microelectronics | 57.00 Bn | 53.04 Bn | 706.26 Mn | -6.56% |
| 8 | STMicroelectronics | 45.78 Bn | 41.92 Bn | 1.22 Bn | -11.76% |
| 9 | Microchip Technology | 40.29 Bn | 40.02 Bn | 938.90 Mn | 20.73% |
| 10 | On Semiconductor | 29.64 Bn | 25.80 Bn | 616.30 Mn | 16.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.05% |
| Mar 31, 2026 | 16.72% |
| Dec 31, 2025 | 18.10% |
| Sep 30, 2025 | 14.01% |
| Jun 30, 2025 | 19.38% |
| Mar 31, 2025 | 16.28% |
| Dec 31, 2024 | 19.88% |
| Sep 30, 2024 | 15.38% |
| Jun 30, 2024 | 19.15% |
| Mar 31, 2024 | 15.50% |
| Dec 31, 2023 | 9.65% |
| Sep 30, 2023 | 12.87% |
| Jun 30, 2023 | 15.35% |
| Mar 31, 2023 | 15.28% |
| Dec 31, 2022 | 18.61% |
| Sep 30, 2022 | 11.28% |
| Jun 30, 2022 | 10.83% |
| Mar 31, 2022 | 10.56% |
| Dec 31, 2021 | 12.20% |
| Sep 30, 2021 | 9.99% |