Velocity Portfolio Group (Velocity Portfolio Group) Tax Rate % : -3.16% (As of Jun. 2009)

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What is Velocity Portfolio Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Velocity Portfolio Group's Tax Expense for the three months ended in Jun. 2009 was $0.17 Mil. Velocity Portfolio Group's Pre-Tax Income for the three months ended in Jun. 2009 was $-5.28 Mil. Therefore, Velocity Portfolio Group's Tax Rate % for the quarter that ended in Jun. 2009 was -3.16%.

Velocity Portfolio Group Tax Rate % Historical Data

The historical data trend for Velocity Portfolio Group'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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Velocity Portfolio Group Tax Rate % Chart

Velocity Portfolio Group Annual Data

Trend

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Tax Rate %

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6.63

45.94

42.43

41.83

44.12

Velocity Portfolio Group Quarterly Data
	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09
Tax Rate %	Get a 7-Day Free Trial															43.61	36.03	41.61	45.39	-3.16

Velocity Portfolio Group Tax Rate % Calculation

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

Velocity Portfolio Group's Tax Rate % for the fiscal year that ended in Dec. 2008 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2008 )	/	Pre-Tax Income (A: Dec. 2008 )
	=	-1.129	/	-2.559
	=	44.12 %

Velocity Portfolio Group's Tax Rate % for the quarter that ended in Jun. 2009 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2009 )	/	Pre-Tax Income (Q: Jun. 2009 )
	=	0.167	/	-5.282
	=	-3.16 %

Velocity Portfolio Group Tax Rate % Related Terms

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Velocity Portfolio Group (Velocity Portfolio Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Velocity Portfolio Group Inc (OTCPK:VPGIP.PFD) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1800 Route 34 North, Suite 404A, Wall, NJ, USA, 07719

Website

https://www.velocityrecoveries.com

Velocity Portfolio Group Inc is a portfolio management company that purchases unsecured consumer receivables in the secondary market and seeks to collect those receivables through an outsourced legal collection network.

Velocity Portfolio Group (Velocity Portfolio Group) Headlines

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