Veon (VEON) Tax Rate (2009 - 2026)
Veon (VEON) posted Tax Rate of 32.79% for Q1 2026, down 202.17% on a QoQ basis from 10.85% in Q2 2025, and down 2356.0% year-over-year from 1.45% in Q1 2025.
Veon (VEON) Tax Rate (2009 - 2026) Analysis & Trends
Veon's Tax Rate history runs 18 years deep, the most recent figure standing at 32.79% for Q1 2026.
- Quarterly Tax Rate fell 2356.0% year-over-year to 32.79% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 19.11% (up 1022.0% YoY) and the FY2025 annual result came in at 24.71%, down 611.0% from the prior year.
- Tax Rate was 32.79% for Q1 2026 at Veon, down from 10.85% in the prior quarter.
- Across five years, Tax Rate topped out at 9.23% in Q1 2025 and bottomed at 62.28% in Q2 2022.
- A 5-year average of 27.87% and a median of 28.12% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate soared 31535 bps — and 2026, when it tumbled 2356 bps.
- Veon's Tax Rate stood at 12.92% in 2022, then slumped by 118 bps to 28.12% in 2023, then fell by 28 bps to 36.02% in 2024, then surged by 70 bps to 10.85% in 2025, then sank by 202 bps to 32.79% in 2026.
- Business Quant data shows VEON's Tax Rate at 32.79% in Q1 2026, 10.85% in Q2 2025, and 9.23% in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | America Movil Sab De Cv | 1,543.97 Bn | 1,543.97 Bn | 7.08 Bn | 33.36% |
| 2 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,427.96 Bn | -8,564.04 Bn | - | - |
| 3 | Grupo Televisa, S.A.B | 958.85 Bn | 957.15 Bn | 317.18 Mn | -150.96% |
| 4 | Chunghwa Telecom | 334.17 Bn | 331.99 Bn | 719.92 Mn | 19.52% |
| 5 | Verizon Communications | 198.41 Bn | 190.05 Bn | 29.14 Bn | 24.15% |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn | 25.16% |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn | 13.47% |
| 8 | Veon | 90.84 Bn | 90.84 Bn | - | -32.79% |
| 9 | Tim | 50.18 Bn | 50.03 Bn | 677.20 Mn | -17.02% |
| 10 | Telefonica Brasil | 45.44 Bn | 43.70 Bn | 1.32 Bn | 102.86% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -32.79% |
| Mar 31, 2026 | -32.79% |
| Mar 31, 2026 | -32.79% |
| Jun 30, 2025 | -10.85% |
| Jun 30, 2025 | -10.85% |
| Jun 30, 2025 | -10.85% |
| Mar 31, 2025 | -9.23% |
| Mar 31, 2025 | -9.23% |
| Mar 31, 2025 | -9.23% |
| Dec 31, 2024 | -36.02% |
| Dec 31, 2024 | -36.02% |
| Dec 31, 2024 | -36.02% |
| Jun 30, 2024 | -37.32% |
| Jun 30, 2024 | -37.32% |
| Jun 30, 2024 | -37.32% |
| Dec 31, 2023 | -28.13% |
| Dec 31, 2023 | -28.13% |
| Dec 31, 2023 | -28.13% |
| Jun 30, 2023 | -21.28% |
| Jun 30, 2023 | -21.28% |