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VEON (VEON) Tax Rate % : 21.28% (As of Jun. 2023)


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What is VEON Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. VEON's Tax Expense for the three months ended in Jun. 2023 was $40 Mil. VEON's Pre-Tax Income for the three months ended in Jun. 2023 was $188 Mil. Therefore, VEON's Tax Rate % for the quarter that ended in Jun. 2023 was 21.28%.

VEON Tax Rate % Historical Data

The historical data trend for VEON'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.

* Premium members only.

VEON Tax Rate % Chart

VEON Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -148.79 44.25 74.80 74.14 8.60

VEON Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23
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 46.64 -31.94 62.28 -36.41 21.28

VEON Tax Rate % Calculation

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

VEON's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=69/802
=8.60 %

VEON's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2023 )/Pre-Tax Income (Q: Jun. 2023 )
=40/188
=21.28 %

* 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.

VEON Tax Rate % Related Terms

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VEON (VEON) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » VEON Ltd (NAS:VEON) » Definitions » Tax Rate %
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Traded in Other Exchanges
VEON:Netherlands
Address
Claude Debussylaan 88, Amsterdam, NLD, 1082 MD
Website
https://www.veon.com
VEON Ltd is a global provider of connectivity and internet services. The company provides its customers with voice, fixed broadband, data, and digital services. Currently, the company offers services to customers in the following countries: Pakistan, Ukraine, Kazakhstan, Bangladesh, Uzbekistan, and Kyrgyzstan. The reportable segments currently consist of the following five segments: Pakistan, Ukraine, Kazakhstan, Bangladesh, and Uzbekistan. The company provides services under the Beeline, Kyivstar, banglalink and Jazz brands.