Growth Metrics

Tuya (TUYA) Tax Rate: 2020-2024

Historic Tax Rate for Tuya (TUYA) over the last 4 years, with Sep 2024 value amounting to 9.32%.

  • Tuya's Tax Rate rose 908.00% to 9.32% in Q3 2024 from the same period last year, while for Sep 2024 it was 21.33%, marking a year-over-year increase of 1709.00%. This contributed to the annual value of 5.69% for FY2023, which is 439.00% up from last year.
  • Per Tuya's latest filing, its Tax Rate stood at 9.32% for Q3 2024, which was down 58.96% from 22.72% recorded in Q1 2024.
  • Tuya's Tax Rate's 5-year high stood at 22.72% during Q1 2024, with a 5-year trough of 0.06% in Q1 2021.
  • Moreover, its 3-year median value for Tax Rate was 4.25% (2022), whereas its average is 6.06%.
  • Its Tax Rate has fluctuated over the past 5 years, first tumbled by 216bps in 2023, then skyrocketed by 1,792bps in 2024.
  • Tuya's Tax Rate (Quarterly) stood at 0.09% in 2020, then increased by 18bps to 0.28% in 2021, then soared by 342bps to 3.70% in 2022, then soared by 787bps to 11.57% in 2023, then spiked by 908bps to 9.32% in 2024.
  • Its Tax Rate stands at 9.32% for Q3 2024, versus 22.72% for Q1 2024 and 11.57% for Q4 2023.