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AtlasClear Holdings (AtlasClear Holdings) Tax Rate % : 25.57% (As of Jun. 2023)


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What is AtlasClear Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. AtlasClear Holdings's Tax Expense for the six months ended in Jun. 2023 was $0.05 Mil. AtlasClear Holdings's Pre-Tax Income for the six months ended in Jun. 2023 was $0.18 Mil. Therefore, AtlasClear Holdings's Tax Rate % for the quarter that ended in Jun. 2023 was 25.57%.

AtlasClear Holdings Tax Rate % Historical Data

The historical data trend for AtlasClear Holdings'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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AtlasClear Holdings Tax Rate % Chart

AtlasClear Holdings Annual Data
Trend Jun22
Tax Rate %
18.33

AtlasClear Holdings Semi-Annual Data
Jun22 Jun23
Tax Rate % 18.33 25.57

AtlasClear Holdings Tax Rate % Calculation

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

AtlasClear Holdings's Tax Rate % for the fiscal year that ended in Jun. 2022 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2022 )/Pre-Tax Income (A: Jun. 2022 )
=0.332/1.811
=18.33 %

AtlasClear Holdings'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 )
=0.045/0.176
=25.57 %

* 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.

AtlasClear Holdings Tax Rate % Related Terms

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AtlasClear Holdings (AtlasClear Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » AtlasClear Holdings Inc (AMEX:ATCH) » Definitions » Tax Rate %
Comparable Companies
Traded in Other Exchanges
N/A
Address
4221 W. Boy Scout Boulevard, Suite 300, Tampa, FL, USA, 33607
Website
https://www.atlasclear.com
AtlasClear Holdings Inc is a fintech company. Its goal is to build a cutting-edge technology-enabled financial services firm that would create a more efficient platform for trading, clearing, settlement and banking of evolving and innovative financial products with a focus on financial services firms, generally with annual revenues up to $1 billion, including small and mid-sized banks, brokerage firms, hedge funds, pension plans, and family offices that are not adequately served by today's larger correspondent clearing firms and banks.

AtlasClear Holdings (AtlasClear Holdings) Headlines

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