Magis SpA (MIL:MGS) Tax Rate % : 21.58% (As of Dec. 2022)

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What is Magis SpA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Magis SpA's Tax Expense for the six months ended in Dec. 2022 was €0.66 Mil. Magis SpA's Pre-Tax Income for the six months ended in Dec. 2022 was €3.07 Mil. Therefore, Magis SpA's Tax Rate % for the quarter that ended in Dec. 2022 was 21.58%.

Magis SpA Tax Rate % Historical Data

The historical data trend for Magis SpA'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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Magis SpA Tax Rate % Chart

Magis SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Tax Rate %

30.45

26.06

25.96

25.21

Magis SpA Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Tax Rate %	Get a 7-Day Free Trial			30.07	22.61	27.80	21.58	-

Magis SpA Tax Rate % Calculation

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

Magis SpA'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 )
	=	2.771	/	10.992
	=	25.21 %

Magis SpA's Tax Rate % for the quarter that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2022 )	/	Pre-Tax Income (Q: Dec. 2022 )
	=	0.663	/	3.073
	=	21.58 %

Magis SpA Tax Rate % Related Terms

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Magis SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Magis SpA (MIL:MGS) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

ZF6:Germany

Address

Via Ponte Cerretano, 24, Cerreto Guidi, Florence, ITA, 50050

Website

http://www.magis.it

Magis SpA engages in the production of customized adhesive tapes, packaging products, and closure systems for disposable nappies and adult incontinence products. Its products comprise Bopp tapes, Bopet tapes, Duct tapes, Crepe tapes, and Mopp tapes.

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