Growth Metrics

Tuya (TUYA) Tax Rate: 2020-2023

Historic Tax Rate for Tuya (TUYA) over the last 4 years, with Dec 2023 value amounting to 5.69%.

  • 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.
  • As of FY2023, Tuya's Tax Rate stood at 5.69%, which was up 336.98% from 1.30% recorded in FY2022.
  • Over the past 5 years, Tuya's Tax Rate peaked at 5.69% during FY2023, and registered a low of 0.28% during FY2021.
  • Over the past 3 years, Tuya's median Tax Rate value was 1.30% (recorded in 2022), while the average stood at 2.43%.
  • In the last 5 years, Tuya's Tax Rate declined by 3bps in 2021 and then surged by 439bps in 2023.
  • Yearly analysis of 4 years shows Tuya's Tax Rate stood at 0.31% in 2020, then declined by 3bps to 0.28% in 2021, then surged by 102bps to 1.30% in 2022, then soared by 439bps to 5.69% in 2023.