Transmissora Alianca de Energia Eletrica (BSP:TAEE4) Tax Rate % : 7.02% (As of Dec. 2023)

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What is Transmissora Alianca de Energia Eletrica Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Transmissora Alianca de Energia Eletrica's Tax Expense for the three months ended in Dec. 2023 was R$36 Mil. Transmissora Alianca de Energia Eletrica's Pre-Tax Income for the three months ended in Dec. 2023 was R$518 Mil. Therefore, Transmissora Alianca de Energia Eletrica's Tax Rate % for the quarter that ended in Dec. 2023 was 7.02%.

Transmissora Alianca de Energia Eletrica Tax Rate % Historical Data

The historical data trend for Transmissora Alianca de Energia Eletrica'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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Transmissora Alianca de Energia Eletrica Tax Rate % Chart

Transmissora Alianca de Energia Eletrica Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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11.84

16.78

15.67

14.94

4.43

Transmissora Alianca de Energia Eletrica 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															62.61	13.65	3.13	-17.33	7.02

Transmissora Alianca de Energia Eletrica Tax Rate % Calculation

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

Transmissora Alianca de Energia Eletrica'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 )
	=	63.425	/	1431.259
	=	4.43 %

Transmissora Alianca de Energia Eletrica'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 )
	=	36.357	/	518.051
	=	7.02 %

Transmissora Alianca de Energia Eletrica Tax Rate % Related Terms

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Transmissora Alianca de Energia Eletrica (BSP:TAEE4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Transmissora Alianca de Energia Eletrica SA (BSP:TAEE4) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

TAEE3:Brazil TAEE11:Brazil

Address

Praca XV de Novembro, 20, Salas 601, e 602, 6th Floor, Centro, Rio de Janeiro, RJ, BRA, 20010-010

Website

https://www.taesa.com.br

Transmissora Alianca de Energia Eletrica SA, or Taesa, is an electric utility company that acts as one of the largest electric transmission concessionaires in Brazil. Taesa implements, operates, and maintains electric power transmission services and facilities both for Brazil's National Interconnected System and for the electricity transmission sectors of other countries as well. The company generates most of its revenue in the form of compensation for its investments in the construction of transmission lines and for the operation and maintenance service that it provides all over Brazil. Taesa's controlling shareholders include a large, state-owned Brazilian power company, CEMIG.

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