Discovery (JSE:DSY) Tax Rate % : 29.84% (As of Dec. 2023)

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What is Discovery Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Discovery's Tax Expense for the six months ended in Dec. 2023 was R1,422 Mil. Discovery's Pre-Tax Income for the six months ended in Dec. 2023 was R4,765 Mil. Therefore, Discovery's Tax Rate % for the quarter that ended in Dec. 2023 was 29.84%.

Discovery Tax Rate % Historical Data

The historical data trend for Discovery'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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Discovery Tax Rate % Chart

Discovery Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Tax Rate %

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16.48

78.00

23.24

21.10

27.84

Discovery 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															29.99	2.20	29.96	24.26	29.84

Discovery Tax Rate % Calculation

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

Discovery's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Jun. 2023 )	/	Pre-Tax Income (A: Jun. 2023 )
	=	2052	/	7372
	=	27.84 %

Discovery's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	1422	/	4765
	=	29.84 %

Discovery Tax Rate % Related Terms

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Discovery (JSE:DSY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Discovery Ltd (JSE:DSY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

DSBP.PFD:South Africa DCYHF:USA D3H:Germany

Address

1 Discovery Place, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.discovery.co.za

Discovery Ltd sells multiple insurance products and provides investment management services. The company has reportable segments based on a combination of products and services which are Health South Africa, Life South Africa, Invest South Africa, Vitality South Africa, Insure South Africa, Bank South Africa, Health United Kingdom, Life United Kingdom, and other segment which include SA insure, SA bank, SA distribution, vitality group. It serves employers for health insurance, as well as individual clients who buy health and life insurance and investment products across the UK, US, China, Singapore, and Australia.