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Banco de la Produccion PRODUBANCO (XGUA:PRE) Tax Rate % : 22.30% (As of Dec. 2015)


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What is Banco de la Produccion PRODUBANCO Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Banco de la Produccion PRODUBANCO's Tax Expense for the six months ended in Dec. 2015 was $7.9 Mil. Banco de la Produccion PRODUBANCO's Pre-Tax Income for the six months ended in Dec. 2015 was $35.4 Mil. Therefore, Banco de la Produccion PRODUBANCO's Tax Rate % for the quarter that ended in Dec. 2015 was 22.30%.

Banco de la Produccion PRODUBANCO Tax Rate % Historical Data

The historical data trend for Banco de la Produccion PRODUBANCO'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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Banco de la Produccion PRODUBANCO Tax Rate % Chart

Banco de la Produccion PRODUBANCO Annual Data
Trend Dec14 Dec15
Tax Rate %
21.43 22.30

Banco de la Produccion PRODUBANCO Semi-Annual Data
Dec14 Dec15
Tax Rate % 21.43 22.30

Banco de la Produccion PRODUBANCO Tax Rate % Calculation

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

Banco de la Produccion PRODUBANCO's Tax Rate % for the fiscal year that ended in Dec. 2015 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2015 )/Pre-Tax Income (A: Dec. 2015 )
=7.896/35.413
=22.30 %

Banco de la Produccion PRODUBANCO's Tax Rate % for the quarter that ended in Dec. 2015 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2015 )/Pre-Tax Income (Q: Dec. 2015 )
=7.896/35.413
=22.30 %

* 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.

Banco de la Produccion PRODUBANCO Tax Rate % Related Terms

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Banco de la Produccion PRODUBANCO (XGUA:PRE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco de la Produccion SA PRODUBANCO (XGUA:PRE) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
Simon Bolivar and Via a Nayon, Ekopark Corporate Complex, Tower 1, Quito, ECU
Website
https://www.produbanco.com
Banco de la Produccion SA is a banking company. Its services include current accounts in dollars, savings accounts in dollars, capital integration accounts, payment of import levies, payment of taxes, accumulation policies, and ATMs among others.