GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » BCE Inc (NYSE:BCE) » Definitions » Tax Rate %

BCE (BCE) Tax Rate %

: 32.56% (As of Dec. 2023)
View and export this data going back to 1983. Start your Free Trial

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. BCE's Tax Expense for the three months ended in Dec. 2023 was $157 Mil. BCE's Pre-Tax Income for the three months ended in Dec. 2023 was $481 Mil. Therefore, BCE's Tax Rate % for the quarter that ended in Dec. 2023 was 32.56%.


BCE Tax Rate % Historical Data

The historical data trend for BCE's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BCE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.94 24.26 26.52 24.84 29.97

BCE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tax Rate % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.14 25.52 40.75 25.58 32.56

BCE Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

BCE's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=742.397/2476.893
=29.97 %

BCE's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=156.53/480.769
=32.56 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BCE Tax Rate % Related Terms

Thank you for viewing the detailed overview of BCE's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


BCE (BCE) Business Description

Address
1 Carrefour Alexander Graham Bell, Tour A-7, Verdun, QC, CAN, H3E 3B3
BCE provides wireless, broadband, television, and landline phone services in Canada. It is one of the big three national wireless carriers, with its roughly 10 million customers constituting about 30% of the market. It is also the ILEC (incumbent local exchange carrier—the legacy telephone provider) throughout much of the eastern half of Canada, including in the most populous Canadian provinces: Ontario and Quebec. Additionally, BCE has a media segment, which holds television, radio, and digital media assets. BCE licenses the Canadian rights to movie channels including HBO, Showtime, and Starz. In 2022, the wireline segment made up 52% of total EBITDA, while wireless was 31% and media provided the remainder.

BCE (BCE) Headlines

From GuruFocus

BCE Q1 2023 results to be announced May 4

By PRNewswire PRNewswire 03-30-2023

BCE announces election of Directors

By PRNewswire PRNewswire 05-04-2023

Bell announces first Sustainability-Linked Derivatives

By PRNewswire PRNewswire 05-24-2023

Bell announces closing of Sustainability-Linked Loan

By PRNewswire PRNewswire 11-09-2022

BCE Inc's Dividend Analysis

By GuruFocus Research 12-13-2023

Bell announces offering of MTN Debentures

By PRNewswire 08-09-2023

Bell announces offering of MTN Debentures

By PRNewswire 11-14-2023

BCE reports second quarter 2023 results

By PRNewswire 08-03-2023