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LG (XKRX:003550) Tax Rate % : 43.98% (As of Dec. 2023)


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What is LG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. LG's Tax Expense for the three months ended in Dec. 2023 was ₩51,026 Mil. LG's Pre-Tax Income for the three months ended in Dec. 2023 was ₩116,022 Mil. Therefore, LG's Tax Rate % for the quarter that ended in Dec. 2023 was 43.98%.

LG Tax Rate % Historical Data

The historical data trend for LG'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.

LG Tax Rate % Chart

LG 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 19.95 18.52 8.75 25.77 12.61

LG 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 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 195.83 10.71 8.66 11.02 43.98

LG Tax Rate % Calculation

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

LG'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 )
=204110/1618368
=12.61 %

LG'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 )
=51026/116022
=43.98 %

* 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.

LG Tax Rate % Related Terms

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LG (XKRX:003550) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LG Corp (XKRX:003550) » Definitions » Tax Rate %
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XKRX:066570 XKRX:034220 XKRX:056080 XKRX:037070 XKRX:192440 XKRX:044340 XKRX:270660 XKRX:008700 XKRX:078890 XKRX:032540 AAPL XKRX:005930 TSE:6758 HKSE:01810 TSE:6752 SZSE:002241 SHSE:603296 SZSE:300866 SHSE:600060 TSE:6753
Traded in Other Exchanges
003555:Korea
Address
LG Twin Tower, 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR, 150-721
Website
http://www.lg.com
LG Corp is a South Korea-based holding company that is principally engaged in electronics, chemicals, telecommunications, and services businesses. The company operates business through a number of affiliated companies, including LG Electronics, LG Display, LG Innotek, LG Siltron, and others in the electronics industry; LG Chem, LG Household and Health Care, LG Life Sciences, and others in the chemicals industry; and LG N-Sys, LG CNS, LG Sports, and others in the telecommunication and services industry. The company has a business presence in North America, Europe, Middle East, Africa, the Commonwealth of Independent States (Kazakhstan, Russia, Turkmenistan, Ukraine), Asia-Pacific, and Latin America.

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