International Biotechnology Trust (LSE:IBT) Tax Rate % : 0.25% (As of Feb. 2024)

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What is International Biotechnology Trust Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. International Biotechnology Trust's Tax Expense for the six months ended in Feb. 2024 was £0.07 Mil. International Biotechnology Trust's Pre-Tax Income for the six months ended in Feb. 2024 was £28.40 Mil. Therefore, International Biotechnology Trust's Tax Rate % for the quarter that ended in Feb. 2024 was 0.25%.

International Biotechnology Trust Tax Rate % Historical Data

The historical data trend for International Biotechnology Trust'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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International Biotechnology Trust Tax Rate % Chart

International Biotechnology Trust Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Tax Rate %

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-0.55

0.32

0.58

-0.68

1.76

International Biotechnology Trust Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Tax Rate %	Get a 7-Day Free Trial															-0.20	0.21	0.32	-0.67	0.25

International Biotechnology Trust Tax Rate % Calculation

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

International Biotechnology Trust'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 )
	=	0.122	/	6.935
	=	1.76 %

International Biotechnology Trust's Tax Rate % for the quarter that ended in Feb. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Feb. 2024 )	/	Pre-Tax Income (Q: Feb. 2024 )
	=	0.071	/	28.404
	=	0.25 %

International Biotechnology Trust Tax Rate % Related Terms

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International Biotechnology Trust (LSE:IBT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » International Biotechnology Trust PLC (LSE:IBT) » Definitions » Tax Rate %

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IBTl:UK

Address

65 Gresham Street, 6th Floor, London, GBR, EC2V 7NQ

Website

https://www.ibtplc.com

International Biotechnology Trust PLC is an investment trust company. It aims at achieving long-term capital growth by investing in biotechnology and other life sciences companies. It seeks to achieve its objective by investing in a diversified portfolio of companies which has good growth prospects. It focuses on investments in biotechnology companies which are engaged in on drug discovery and development, medical devices companies and healthcare services provider. The invests in various financial instruments such as equities, index-linked securities, debt securities, cash deposits, money market instruments and foreign currency exchange transactions. Its revenue comprises of dividend, interest and other income from investment made.

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