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BOC Hong Kong Holdings (BOC Hong Kong Holdings) Tax Rate % : 13.49% (As of Dec. 2023)


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What is BOC Hong Kong Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. BOC Hong Kong Holdings's Tax Expense for the six months ended in Dec. 2023 was $335 Mil. BOC Hong Kong Holdings's Pre-Tax Income for the six months ended in Dec. 2023 was $2,483 Mil. Therefore, BOC Hong Kong Holdings's Tax Rate % for the quarter that ended in Dec. 2023 was 13.49%.


BOC Hong Kong Holdings Tax Rate % Historical Data

The historical data trend for BOC Hong Kong Holdings'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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BOC Hong Kong Holdings Tax Rate % Chart

BOC Hong Kong Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.00 15.23 16.58 17.89 14.80

BOC Hong Kong Holdings 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 17.42 18.13 17.66 15.99 13.49

BOC Hong Kong Holdings Tax Rate % Calculation

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

BOC Hong Kong Holdings'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 )
=775.564/5238.803
=14.80 %

BOC Hong Kong Holdings'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 )
=334.964/2482.906
=13.49 %

* 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.


BOC Hong Kong Holdings Tax Rate % Related Terms

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BOC Hong Kong Holdings (BOC Hong Kong Holdings) Business Description

Traded in Other Exchanges
Address
1 Garden Road, 53rd Floor, Bank of China Tower, Hong Kong, HKG
Bank of China Hong Kong, or BOCHK, is a subsidiary of Bank of China. It is the second-largest bank in Hong Kong in terms of loan and deposit market shares. Although BOCHK is legally separate from Bank of China, it maintains close relationships with it in management, administration, and business relations. The two companies also cooperate in several areas, including the reselling of Bank of China's insurance and securities services. Bank of China holds a 66% stake in BOCHK.

BOC Hong Kong Holdings (BOC Hong Kong Holdings) Headlines

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