Turners Group NZ (NZSE:TUA) Tax Rate % : 28.42% (As of Jun. 2014)

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What is Turners Group NZ Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Turners Group NZ's Tax Expense for the six months ended in Jun. 2014 was NZ$0.90 Mil. Turners Group NZ's Pre-Tax Income for the six months ended in Jun. 2014 was NZ$3.17 Mil. Therefore, Turners Group NZ's Tax Rate % for the quarter that ended in Jun. 2014 was 28.42%.

Turners Group NZ Tax Rate % Historical Data

The historical data trend for Turners Group NZ'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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Turners Group NZ Tax Rate % Chart

Turners Group NZ Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Tax Rate %

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30.23

31.59

27.78

27.56

28.93

Turners Group NZ Semi-Annual Data
	Dec03	Jun04	Dec04	Jun05	Dec05	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14
Tax Rate %	Get a 7-Day Free Trial															28.80	26.46	28.41	29.34	28.42

Turners Group NZ Tax Rate % Calculation

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

Turners Group NZ's Tax Rate % for the fiscal year that ended in Dec. 2013 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2013 )	/	Pre-Tax Income (A: Dec. 2013 )
	=	1.961	/	6.778
	=	28.93 %

Turners Group NZ's Tax Rate % for the quarter that ended in Jun. 2014 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2014 )	/	Pre-Tax Income (Q: Jun. 2014 )
	=	0.901	/	3.17
	=	28.42 %

Turners Group NZ Tax Rate % Related Terms

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Turners Group NZ (NZSE:TUA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Turners Group NZ Ltd (NZSE:TUA) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.turners.co.nz

Turners Auctions Limited (TUA-NZ) is New Zealand's largest auction house with 16 branches nation wide and annual turnover exceeding NZ$400m. TUA is also the largest single seller of motor vehicles in New Zealand. The business operates in two broad markets: used vehicles and commercial goods. Vehicle sales include trucks, damaged insurance salvaged vehicles, light commercial vehicles and passenger cars. Commercial sales include a wide variety of surplus equipment such as heavy plant and machinery, police and custom seized goods, liquidator sales, catering equipment, computers and furniture.