L1 Global Long Short Fund (ASX:GLS) Tax Rate %: 28.45% (As of Jun. 2026)

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ASX:GLS L1 Global Long Short Fund Ltd ASX:GLS
33 GF Score
Price A$2.05
! 7 Warning Signs
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What is L1 Global Long Short Fund Tax Rate %?

L1 Global Long Short Fund ASX:GLS -0.49% 33 Tax Rate % is 28.45% as of Jun. 2026. GuruFocus rates ASX:GLS with a GF Score™ of 33/100. The stock has 7 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. L1 Global Long Short Fund's Tax Expense for the six months ended in Jun. 2026 was A$ Mil. L1 Global Long Short Fund's Pre-Tax Income for the six months ended in Jun. 2026 was A$89.2 Mil. Therefore, L1 Global Long Short Fund's Tax Rate % for the quarter that ended in Jun. 2026 was 28.45%.

L1 Global Long Short Fund Tax Rate % Related Terms

L1 Global Long Short Fund Tax Rate % Historical Data

* Premium members only.

The historical data trend for L1 Global Long Short Fund'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.

L1 Global Long Short Fund Tax Rate % Chart

L1 Global Long Short Fund Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.02 30.01 29.96 29.99 29.43

L1 Global Long Short Fund Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 30.03 30.03 29.76 30.48 28.45
ASX:GLS
33GF Score
L1 Global Long Short Fund Ltd ASX:GLS
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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L1 Global Long Short Fund Tax Rate % Calculation

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

L1 Global Long Short Fund's Tax Rate % for the fiscal year that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2026 )/Pre-Tax Income (A: Jun. 2026 )
=/171.9
=0.00 %

L1 Global Long Short Fund's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=/89.208
=0.00 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 28.45% mean?
L1 Global Long Short Fund (ASX:GLS) has a Tax Rate % of 28.45% as of Jun. 2026.
Is L1 Global Long Short Fund's Tax Rate % too high?
L1 Global Long Short Fund's current Tax Rate % is 28.45%. Overall, L1 Global Long Short Fund has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does L1 Global Long Short Fund's Tax Rate % compare to BLK and BX?
L1 Global Long Short Fund's Tax Rate % of 28.45% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Asset Management company?
A good Tax Rate % depends on the Asset Management industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. L1 Global Long Short Fund's current Tax Rate % is 28.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is L1 Global Long Short Fund stock overvalued right now?
L1 Global Long Short Fund (ASX:GLS) has a current Tax Rate % of 28.45%. The current Tax Rate % is 28.45%. L1 Global Long Short Fund's overall GF Score™ is 33/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For L1 Global Long Short Fund (ASX:GLS), the current Tax Rate % is 28.45% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

L1 Global Long Short Fund Business Description

Address 7 Macquarie Place, Level 8, Sydney, NSW, AUS, 2000
Platinum Capital Ltd is an Australian close-ended investment company. The investment objective of the Company is to provide capital growth over the long term by investing in companies that the Investment Manager perceives to be undervalued by the market. Its investment approach is index-agnostic and seeks to identify and take advantage of opportunities created by anomalies between a company's share price and its intrinsic value. The Company is organised into one main operating segment with only one key function, being the investment of the Company's funds in equities.
33GF Score

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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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