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Insurance Australia Group (ASX:IAGPD.PFD) Tax Rate % : 30.73% (As of Dec. 2023)


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What is Insurance Australia Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Insurance Australia Group's Tax Expense for the six months ended in Dec. 2023 was A$201.00 Mil. Insurance Australia Group's Pre-Tax Income for the six months ended in Dec. 2023 was A$654.00 Mil. Therefore, Insurance Australia Group's Tax Rate % for the quarter that ended in Dec. 2023 was 30.73%.

Insurance Australia Group Tax Rate % Historical Data

The historical data trend for Insurance Australia Group'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.

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Insurance Australia Group Tax Rate % Chart

Insurance Australia Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.25 6.92 32.13 24.82 31.68

Insurance Australia Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Tax Rate % Get a 7-Day Free Trial 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 27.60 22.11 31.00 32.38 30.73

Insurance Australia Group Tax Rate % Calculation

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

Insurance Australia Group's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2023 )/Pre-Tax Income (A: Jun. 2023 )
=429/1354
=31.68 %

Insurance Australia Group'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 )
=201/654
=30.73 %

* 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.

Insurance Australia Group Tax Rate % Related Terms

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Insurance Australia Group (ASX:IAGPD.PFD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Insurance Australia Group Ltd (ASX:IAGPD.PFD) » Definitions » Tax Rate %
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ASX:SUN ASX:QBE PGR CB TSE:8766 TRV ALL HKSE:01339 TSX:IFC HKSE:02328 HIG TSE:8725 TSX:FFH WRB TSE:8630 MKL CINF L CNA WAR:PZU
Traded in Other Exchanges
IAUGY:USA IAUGF:USA NRM:Germany IAG:Australia
Address
Darling Park, 201 Sussex Street, Level 13, Tower Two, Sydney, NSW, AUS, 2000
Website
https://www.iag.com.au
Insurance Australia Group is the biggest domestic general insurer by gross written premium operating in Australia and New Zealand. The key general insurance markets in which the company operates are home and contents, motor vehicle and compulsory third-party, and short-tail commercial. Insurance Australia Group sells insurance under several brands, including NRMA, CGU, SGIO, SGIC, WFI, and Swann in Australia, and NZI, State, AMI, and Lumley in New Zealand.

Insurance Australia Group (ASX:IAGPD.PFD) Headlines

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