FRMO (FRMO) Tax Rate % : 42.00% (As of May. 2014)

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What is FRMO Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. FRMO's Tax Expense for the six months ended in May. 2014 was $2.81 Mil. FRMO's Pre-Tax Income for the six months ended in May. 2014 was $6.68 Mil. Therefore, FRMO's Tax Rate % for the quarter that ended in May. 2014 was 42.00%.

FRMO Tax Rate % Historical Data

The historical data trend for FRMO'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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FRMO Tax Rate % Chart

FRMO Annual Data

Trend

Feb00

Feb01

Feb02

Feb03

Feb04

May12

May13

May14

Tax Rate %

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26.92

37.62

28.96

38.57

42.00

FRMO Semi-Annual Data
	Feb00	Feb01	Feb02	Feb03	Feb04	May12	May13	May14
Tax Rate %	Get a 7-Day Free Trial			26.92	37.62	28.96	38.57	42.00

FRMO Tax Rate % Calculation

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

FRMO's Tax Rate % for the fiscal year that ended in May. 2014 is calculated as

Tax Rate %	=	Tax Expense (A: May. 2014 )	/	Pre-Tax Income (A: May. 2014 )
	=	2.805	/	6.678
	=	42.00 %

FRMO's Tax Rate % for the quarter that ended in May. 2014 is calculated as

Tax Rate %	=	Tax Expense (Q: May. 2014 )	/	Pre-Tax Income (Q: May. 2014 )
	=	2.805	/	6.678
	=	42.00 %

FRMO Tax Rate % Related Terms

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FRMO (FRMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » FRMO Corp (OTCPK:FRMO) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 North Lexington Avenue, Suite 12C, White Plains, NY, USA, 10601

Website

https://www.frmocorp.com

FRMO Corp is focused its activities on making strategic investments in public and private companies.

Executives

Steven Bregman	director, 10 percent owner, officer: President	HORIZON KINETICS LLC, 470 PARK AVENUE SOUTH, 4TH FLOOR SOUTH, NEW YORK NY 10016
Santa Monica Partners Lp	director	1865 PALMER AVENUE, LARCHMONT NY 10538
Lawrence J Goldstein	director	1865 PALMER AVE 108, LARCHMONT NY 10538
Jay P Hirschson	director	747 GREENWICH ST, SUITE 400, NEW YORK NY 10014
Murray Stahl	director, 10 percent owner, officer: CEO	C/O HORIZON KINETICS LLC, 470 PARK AVE S 8TH FL S, NEW YORK NY 10016
Peter Doyle	director, 10 percent owner, officer: Vice President, other: Secretary	470 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10016
Lester J Tanner	director, officer: Secretary	100 PARK AVENUE SUITE 3302, NEW YORK NY 10017
Allan Kornfeld	director	123 WILD DUNES WAY, JACKSON NJ 08527