Montanaro European Smaller Trust (LSE:MTE) Tax Rate % : 21.43% (As of Sep. 2024)

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What is Montanaro European Smaller Trust Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Montanaro European Smaller Trust's Tax Expense for the six months ended in Sep. 2024 was £0.55 Mil. Montanaro European Smaller Trust's Pre-Tax Income for the six months ended in Sep. 2024 was £2.55 Mil. Therefore, Montanaro European Smaller Trust's Tax Rate % for the quarter that ended in Sep. 2024 was 21.43%.

Montanaro European Smaller Trust Tax Rate % Historical Data

The historical data trend for Montanaro European Smaller 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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Montanaro European Smaller Trust Tax Rate % Chart

Montanaro European Smaller Trust Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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-4.05

0.16

1.89

-2.38

2.51

Montanaro European Smaller Trust Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Tax Rate %	Get a 7-Day Free Trial															-0.36	0.33	-0.95	0.07	21.43

Montanaro European Smaller Trust Tax Rate % Calculation

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

Montanaro European Smaller Trust's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2024 )	/	Pre-Tax Income (A: Mar. 2024 )
	=	0.376	/	15.006
	=	2.51 %

Montanaro European Smaller Trust'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 )
	=	0.547	/	2.552
	=	21.43 %

Montanaro European Smaller Trust Tax Rate % Related Terms

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Montanaro European Smaller Trust Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Montanaro European Smaller Companies Trust PLC (LSE:MTE) » Definitions » Tax Rate %

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Address

28 Walker Street, Edinburgh, GBR, EH3 7HR

Website

https://www.montanaro.co.uk

Montanaro European Smaller Companies Trust PLC is an investment trust. The company's investment objective is to achieve capital growth by investing principally in Continental European quoted smaller companies. Its benchmark index is the MSCI Europe SmallCap (ex UK) Index (in sterling terms). It has a presence in Sweden, Germany, Italy, Switzerland, France, Norway, Netherlands, Denmark, Spain, Belgium, Portugal, and Austria. The company invests in Energy, Materials, Industrials, Consumer Discretionary, Consumer Staples, Health Care, Financials, Information Technology, Communication Services, and Property sectors.

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