Bank Of China (Bank Of China) Tax Rate % : 16.84% (As of Dec. 2023)

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What is Bank Of China Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bank Of China's Tax Expense for the three months ended in Dec. 2023 was $1,698 Mil. Bank Of China's Pre-Tax Income for the three months ended in Dec. 2023 was $10,083 Mil. Therefore, Bank Of China's Tax Rate % for the quarter that ended in Dec. 2023 was 16.84%.

Bank Of China Tax Rate % Historical Data

The historical data trend for Bank Of China'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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Bank Of China Tax Rate % Chart

Bank Of China Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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19.45

16.76

17.82

16.54

16.66

Bank Of China Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															11.38	22.14	12.79	14.38	16.84

Bank Of China Tax Rate % Calculation

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

Bank Of China'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 )
	=	6895.745	/	41400.521
	=	16.66 %

Bank Of China'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 )
	=	1698.272	/	10082.911
	=	16.84 %

Bank Of China Tax Rate % Related Terms

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Bank Of China (Bank Of China) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Of China Ltd (OTCPK:BACHY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

BACHF:USA 03988:Hong Kong W8V:Germany 601988:China

Address

No. 1 Fuxingmen Nei Dajie, Xicheng District, Beijing, CHN, 100818

Website

https://www.boc.cn

Bank of China was founded in 1912 with headquarter in Beijing. The bank has evolved as a central bank, international exchange bank, and state-owned bank specializing in foreign trade business. BOC was listed on the Hong Kong and Shanghai stock exchanges in 2006. It provides a comprehensive range of financial services to customers across greater China and overseas. Central Huijin, a Chinese state-owned investment company and BOC's largest shareholder, controls 64%.

Bank Of China (Bank Of China) Headlines

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