Altarea SCA (XPAR:ALTA) Tax Rate % : 796.30% (As of Jun. 2023)

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What is Altarea SCA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Altarea SCA's Tax Expense for the six months ended in Jun. 2023 was €-22 Mil. Altarea SCA's Pre-Tax Income for the six months ended in Jun. 2023 was €-3 Mil. Therefore, Altarea SCA's Tax Rate % for the quarter that ended in Jun. 2023 was 796.30%.

Altarea SCA Tax Rate % Historical Data

The historical data trend for Altarea SCA'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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Altarea SCA Tax Rate % Chart

Altarea SCA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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13.55

-11.71

5.03

13.86

18.37

Altarea SCA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															8.20	12.21	16.23	796.30	14.98

Altarea SCA Tax Rate % Calculation

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

Altarea SCA's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	68.3	/	492.8
	=	13.86 %

Altarea SCA's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2023 )	/	Pre-Tax Income (Q: Jun. 2023 )
	=	-21.5	/	-2.7
	=	796.30 %

Altarea SCA Tax Rate % Related Terms

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Altarea SCA (XPAR:ALTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Altarea SCA (XPAR:ALTA) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

ALTAp:UK XAL:Germany

Address

8 avenue Delcasse, Paris, FRA, 75008

Website

https://www.altarea.com

Altarea SCA is a real estate investment trust primarily engaged in the acquisition, development, and management of properties throughout Western and Southern Europe. The company's real estate portfolio is composed of residential, retail, office, and mixed-use spaces. Altarea derives the majority of its revenue from rental income related to the leasing of its real estate assets. The company's entry-level and midrange residential apartment properties generate most of this income. In terms of geography, the vast majority of Altarea's revenue comes from its holdings in France's major urban areas, such as the Greater Paris region.