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Tencent Music Entertainment Group (Tencent Music Entertainment Group) Total Tax Payable : $109 Mil (As of Dec. 2023)


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What is Tencent Music Entertainment Group Total Tax Payable?

Tencent Music Entertainment Group's Total Tax Payable for the quarter that ended in Dec. 2023 was $109 Mil.

Tencent Music Entertainment Group's quarterly Total Tax Payable increased from Jun. 2023 ($64 Mil) to Sep. 2023 ($67 Mil) and increased from Sep. 2023 ($67 Mil) to Dec. 2023 ($109 Mil).

Tencent Music Entertainment Group's annual Total Tax Payable increased from Dec. 2021 ($78 Mil) to Dec. 2022 ($86 Mil) and increased from Dec. 2022 ($86 Mil) to Dec. 2023 ($109 Mil).

Tencent Music Entertainment Group Total Tax Payable Historical Data

The historical data trend for Tencent Music Entertainment Group's Total Tax Payable 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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Tencent Music Entertainment Group Total Tax Payable Chart

Tencent Music Entertainment Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Tax Payable
Get a 7-Day Free Trial 75.00 89.00 77.56 85.78 108.54

Tencent Music Entertainment Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Tax Payable 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 85.78 60.08 64.37 67.28 108.54

Tencent Music Entertainment Group Total Tax Payable Calculation

Total Tax Payable is the taxes liability owed to federal, state, and local tax authorities. It is the carrying value as of the balance sheet date of obligations incurred and payable for statutory income, sales, use, payroll, excise, real, property and other taxes.

Tencent Music Entertainment Group Total Tax Payable Related Terms

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Tencent Music Entertainment Group (Tencent Music Entertainment Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Tencent Music Entertainment Group (NYSE:TME) » Definitions » Total Tax Payable
Comparable Companies
MTCH TWLO SNAP ZG PINS IAC ATHM WB YELP YY GOOGL META HKSE:00700 XAMS:PRX BIDU SPOT DASH JSE:NPN HKSE:01024 XKRX:035420
Traded in Other Exchanges
01698:Hong Kong 0A2Z:UK 63TA:Germany
Address
Kexing Science Park, Kejizhongsan Avenue, Unit 3, Building D, Hi-Tech Park, Nanshan District, Shenzhen, CHN, 518057
Website
https://www.tencentmusic.com
TME is the largest online music service provider in China. It was founded in 2016 with the business combination of QQ Music (founded in 2005), Kuwo Music (founded in 2005) and Kugou Music (founded in 2004) streaming platforms. Tencent is the largest shareholder of TME with over 50% shares and over 90% voting rights held. TME also provides social entertainment services, including music live audio/video broadcasts and online concert services through the three platforms mentioned above, and online karaoke through an independent platform WeSing.