Wix.com (Wix.com) Tax Rate % : 64.30% (As of Dec. 2023)

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What is Wix.com Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Wix.com's Tax Expense for the three months ended in Dec. 2023 was $5 Mil. Wix.com's Pre-Tax Income for the three months ended in Dec. 2023 was $8 Mil. Therefore, Wix.com's Tax Rate % for the quarter that ended in Dec. 2023 was 64.30%.

Wix.com Tax Rate % Historical Data

The historical data trend for Wix.com'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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Wix.com Tax Rate % Chart

Wix.com Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-3.05

-9.87

-121.12

9.19

12.43

Wix.com 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															13.53	12.86	-1.30	16.14	64.30

Wix.com Tax Rate % Calculation

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

Wix.com'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 )
	=	4.702	/	37.839
	=	12.43 %

Wix.com'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 )
	=	5.32	/	8.274
	=	64.30 %

Wix.com Tax Rate % Related Terms

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Wix.com (Wix.com) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wix.com Ltd (NAS:WIX) » Definitions » Tax Rate %

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Traded in Other Exchanges

WIX:Mexico W1X:Germany W1IX34:Brazil

Address

5 Yunitsman St., Tel Aviv, ISR, 6936025

Website

https://www.wix.com

Wix.com Ltd is a cloud-based development platform provider for millions of registered users worldwide. The company is engaged in web development and management that provides an easy-to-use powerful cloud-based platform of products through a freemium model. Its core products consist of three web editors: the Wix Editor, intended for users with basic technological skills, Wix ADI, intended for novice users and Corvid, intended for more tech-savvy users. The company's web development technology is built based on HTML5 and offers HTML5 compatible capabilities, web design and layout tools, domain hosting, and other marketing and workflow management applications and services. The geographic segments include North America, Europe, Latin America, Asia and others.