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Bank Of China (WBO:BOCN) Tax Rate % : 15.49% (As of Sep. 2024)


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What is Bank Of China Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bank Of China's Tax Expense for the three months ended in Sep. 2024 was €1,423 Mil. Bank Of China's Pre-Tax Income for the three months ended in Sep. 2024 was €9,184 Mil. Therefore, Bank Of China's Tax Rate % for the quarter that ended in Sep. 2024 was 15.49%.

Bank Of China Tax Rate % Historical Data

The historical data trend for Bank Of China'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.

* Premium members only.

Bank Of China Tax Rate % Chart

Bank Of China Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.45 16.76 17.82 16.54 16.66

Bank Of China Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.38 16.84 16.58 13.90 15.49

Bank Of China Tax Rate % Calculation

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

Bank Of China'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 )
=6323.398/37964.278
=16.66 %

Bank Of China'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 )
=1422.678/9183.935
=15.49 %

* 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.

Bank Of China Tax Rate % Related Terms

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Bank Of China Business Description

Industry
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Traded in Other Exchanges
BACHY:USA BACHF:USA 3980:Mexico 03988:Hong Kong W8V:Germany 601988:China
Address
No. 1 Fuxingmen Nei Dajie, Xicheng District, Beijing, CHN, 100818
Website
https://www.boc.cn
Bank of China was founded in 1912 with its headquarters in Beijing. The bank has evolved as a central bank, international exchange bank, and state-owned bank specializing in foreign trade business. BOC was listed on the Hong Kong and Shanghai stock exchanges in 2006. It provides a comprehensive range of financial services to customers across Greater China and overseas. Central Huijin, a Chinese state-owned investment company and BOC's largest shareholder, controls 64%. BOC has the most extensive global reach among Chinese banks, with operations in 64 countries and regions.