Taiwan Semiconductor Manufacturing (TSM) Tax Rate (2009 - 2026)
Taiwan Semiconductor Manufacturing's Tax Rate came in at 18.05% for the quarter ended Jun 30, 2026, down 1.33 percentage points from 19.38% a year earlier but up 1.33 percentage points from the prior quarter.
Taiwan Semiconductor Manufacturing (TSM) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Taiwan Semiconductor Manufacturing reported Tax Rate of 16.89%, down 1.01 percentage points year-over-year; for the year ended Dec 31, 2025, it was 16.97%, down 0.69 percentage points from the prior year.
- Tax Rate carries a five-year change of +4.36 percentage points (years ended Dec 2020 to Dec 2025).
- Going back by year, Tax Rate was 17.66% in the year ended Dec 31, 2024 (+4.56 pp), 13.10% in the year ended Dec 31, 2023 (-0.08 pp), 13.18% in the year ended Dec 31, 2022 (+2.60 pp) and 10.58% in the year ended Dec 31, 2021 (-2.03 pp).
- The five-year range for quarterly Tax Rate is 9.65% (the quarter ended Dec 31, 2023) to 19.88% (the quarter ended Dec 31, 2024).
- Year-over-year, Tax Rate increased in five of the last eight quarters, with an average year-over-year change of +1.21 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in the quarter ended Dec 31, 2024 (a gain of 10.23 percentage points), and the weakest in the quarter ended Dec 31, 2023 (a drop of 8.96 percentage points).
- Business Quant data shows TSM's Tax Rate at 16.72% (quarter ended Mar 31, 2026), 18.10% (quarter ended Dec 31, 2025) and 14.01% (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 16.53% |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 18.05% |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 14.32% |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 14.99% |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 9.88% |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | - |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | - |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 10.87% |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 12.69% |
| 10 | Arm Holdings | 326.25 Bn | 311.96 Bn | 1.25 Bn | 6.72% |
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% |
Taiwan Semiconductor Manufacturing Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=TSM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "TSM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=TSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();