Taiwan Semiconductor Manufacturing (TSM) Tax Rate (2009 - 2026)
Taiwan Semiconductor Manufacturing's Tax Rate came in at 18.05% for Q2 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 FY2025, it was 16.97%, down 0.69 percentage points from FY2024.
- Tax Rate carries a five-year change of +4.36 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 17.66% in FY2024 (+4.56 pp), 13.10% in FY2023 (-0.08 pp), 13.18% in FY2022 (+2.60 pp) and 10.58% in FY2021 (-2.03 pp).
- The five-year range for quarterly Tax Rate is 9.65% (Q4 2023) to 19.88% (Q4 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 Q4 2024 (a gain of 10.23 percentage points), and the weakest in Q4 2023 (a drop of 8.96 percentage points).
- Business Quant data shows TSM's Tax Rate at 16.72% (Q1 2026), 18.10% (Q4 2025) and 14.01% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | SK hynix | 24,576.54 Bn | 24,560.31 Bn | 43.99 Bn | 23.46% |
| 2 | Taiwan Semiconductor Manufacturing | 10,284.32 Bn | 9,899.31 Bn | 27.22 Bn | 18.05% |
| 3 | Nvidia | 4,083.27 Bn | 3,857.43 Bn | 72.14 Bn | 16.53% |
| 4 | Broadcom | 1,582.22 Bn | 1,508.26 Bn | 20.46 Bn | 14.32% |
| 5 | Advanced Micro Devices | 844.94 Bn | 793.16 Bn | 7.21 Bn | - |
| 6 | Micron Technology | 820.10 Bn | 725.74 Bn | 47.05 Bn | 14.88% |
| 7 | Asml Holding | 581.15 Bn | 536.84 Bn | 5.90 Bn | - |
| 8 | Intel | 308.67 Bn | 171.38 Bn | 7.10 Bn | 11.60% |
| 9 | Applied Materials | 295.64 Bn | 261.08 Bn | 4.59 Bn | 12.69% |
| 10 | Lam Research | 277.80 Bn | 253.85 Bn | 4.30 Bn | 16.88% |
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();