African Equity Empowerment Investments (JSE:AEE) Tax Rate % : -1.60% (As of Aug. 2023)

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What is African Equity Empowerment Investments Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. African Equity Empowerment Investments's Tax Expense for the six months ended in Aug. 2023 was R17.2 Mil. African Equity Empowerment Investments's Pre-Tax Income for the six months ended in Aug. 2023 was R-1,079.9 Mil. Therefore, African Equity Empowerment Investments's Tax Rate % for the quarter that ended in Aug. 2023 was -1.60%.

African Equity Empowerment Investments Tax Rate % Historical Data

The historical data trend for African Equity Empowerment Investments'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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African Equity Empowerment Investments Tax Rate % Chart

African Equity Empowerment Investments Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Tax Rate %

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41.74

83.01

-46.73

169.48

1.80

African Equity Empowerment Investments Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Tax Rate %	Get a 7-Day Free Trial															-32.93	82.83	196.45	24.86	-1.60

African Equity Empowerment Investments Tax Rate % Calculation

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

African Equity Empowerment Investments's Tax Rate % for the fiscal year that ended in Aug. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Aug. 2023 )	/	Pre-Tax Income (A: Aug. 2023 )
	=	-22.359	/	-1239.21
	=	1.80 %

African Equity Empowerment Investments's Tax Rate % for the quarter that ended in Aug. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Aug. 2023 )	/	Pre-Tax Income (Q: Aug. 2023 )
	=	17.232	/	-1079.942
	=	-1.60 %

African Equity Empowerment Investments Tax Rate % Related Terms

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African Equity Empowerment Investments (JSE:AEE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » African Equity Empowerment Investments Ltd (JSE:AEE) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

3 Dock Road, Victoria & Alfred Waterfront, 1st Floor, Waterway House North, Cape Town, WC, ZAF, 8001

Website

https://www.aeei.co.za

African Equity Empowerment Investments Ltd is a black-owned and black-managed investment holding company. Its segments include Fishing and brands, Technology, Health and beauty, Events and tourism, and Corporate. It generates maximum revenue from the Technology segment. The company exports its products to African countries, India and Europe and the majority of the revenue comes from South Africa.