Scotia Group Jamaica (XJAM:SGJ) Tax Rate % : 30.35% (As of Oct. 2024)

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What is Scotia Group Jamaica Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Scotia Group Jamaica's Tax Expense for the three months ended in Oct. 2024 was JMD2,684 Mil. Scotia Group Jamaica's Pre-Tax Income for the three months ended in Oct. 2024 was JMD8,844 Mil. Therefore, Scotia Group Jamaica's Tax Rate % for the quarter that ended in Oct. 2024 was 30.35%.

Scotia Group Jamaica Tax Rate % Historical Data

The historical data trend for Scotia Group Jamaica'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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Scotia Group Jamaica Tax Rate % Chart

Scotia Group Jamaica Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Tax Rate %

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32.43

31.81

32.84

32.28

32.14

Scotia Group Jamaica Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Tax Rate %	Get a 7-Day Free Trial															30.82	40.06	30.57	30.45	30.35

Scotia Group Jamaica Tax Rate % Calculation

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

Scotia Group Jamaica's Tax Rate % for the fiscal year that ended in Oct. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Oct. 2024 )	/	Pre-Tax Income (A: Oct. 2024 )
	=	9545.911	/	29703.702
	=	32.14 %

Scotia Group Jamaica's Tax Rate % for the quarter that ended in Oct. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Oct. 2024 )	/	Pre-Tax Income (Q: Oct. 2024 )
	=	2683.773	/	8843.79
	=	30.35 %

Scotia Group Jamaica Tax Rate % Related Terms

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Scotia Group Jamaica Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Scotia Group Jamaica Ltd (XJAM:SGJ) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

Corner Duke and Port Royal Streets, P.O. Box 709, Scotiabank Centre, Kingston, JAM

Website

https://jm.scotiabank.com

Scotia Group Jamaica Ltd is a Jamaican financial holding company. It provides a range of financial services through its subsidiaries to personal, commercial, corporate, and government clients across Jamaica. The company has six business segments: Retail, Corporate and Commercial, Treasury, Investment Management Services, Insurance Services, and Others. It generates maximum revenue from the Retail banking segment. The retail banking segment includes personal banking services, personal deposit accounts, credit and debit cards, consumer loans, mortgages, and microfinance.

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