TIM (BUE:TIMB) Tax Rate % : 17.17% (As of Sep. 2024)

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What is TIM Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. TIM's Tax Expense for the three months ended in Sep. 2024 was ARS28,637 Mil. TIM's Pre-Tax Income for the three months ended in Sep. 2024 was ARS166,811 Mil. Therefore, TIM's Tax Rate % for the quarter that ended in Sep. 2024 was 17.17%.

TIM Tax Rate % Historical Data

The historical data trend for TIM'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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TIM Tax Rate % Chart

TIM Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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20.15

8.24

4.71

2.91

10.89

TIM Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															11.88	9.96	11.65	15.48	17.17

TIM Tax Rate % Calculation

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

TIM'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 )
	=	25537.077	/	234588.333
	=	10.89 %

TIM's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	28637.378	/	166810.879
	=	17.17 %

TIM Tax Rate % Related Terms

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TIM Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » TIM SA (BUE:TIMB) » Definitions » Tax Rate %

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TIMB:USA TIMS3:Brazil

Address

Avenida Joao Cabral de Melo Neto, 850, Torre Norte, 12th Floor, Room 1212, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22775-057

Website

https://ri.tim.com.br

TIM, which is 67%-owned by Telecom Italia, is the third largest wireless carrier in Brazil, with 62 million subscribers, equal to about 24% of the market. The firm also owns 49% of I-Systems, an infrastructure partnership that is expanding its network footprint across Brazil. I-Systems can provide broadband service to about 9 million locations, equal to 10%-15% of the country. TIM leases capacity on the venture's network to serve retail broadband customers under the UltraFibra brand. TIM also resells fiber network access from other providers, including Oi's former infrastructure business V.tal. In total, TIM claims it can offer fixed broadband service to about 16 million locations.