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UP Fintech Holding (UP Fintech Holding) Tax Rate % : 26.65% (As of Mar. 2024)


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What is UP Fintech Holding Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. UP Fintech Holding's Tax Expense for the three months ended in Mar. 2024 was $4.5 Mil. UP Fintech Holding's Pre-Tax Income for the three months ended in Mar. 2024 was $17.0 Mil. Therefore, UP Fintech Holding's Tax Rate % for the quarter that ended in Mar. 2024 was 26.65%.


UP Fintech Holding Tax Rate % Historical Data

The historical data trend for UP Fintech Holding'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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UP Fintech Holding Tax Rate % Chart

UP Fintech Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 36.06 12.94 22.90 211.07 28.23

UP Fintech Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.99 25.60 16.24 -788.95 26.65

UP Fintech Holding Tax Rate % Calculation

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

UP Fintech Holding's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=12.986/45.994
=28.23 %

UP Fintech Holding's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=4.528/16.992
=26.65 %

* 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.


UP Fintech Holding Tax Rate % Related Terms

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UP Fintech Holding (UP Fintech Holding) Business Description

Traded in Other Exchanges
Address
No. 16 Taiyanggong Middle Road, 18th Floor, Grandyvic Building, No. 1 Building, Chaoyang District, Beijing, CHN, 100020
UP Fintech Holding Ltd is an online brokerage firm focusing on Chinese investors. Its trading platform enables investors to trade in equities and other financial instruments on multiple exchanges of stocks and other derivatives. The company offers its customers brokerage and value-added services, including trade order placement and execution, margin financing, account management, investor education, community discussion, and customer support. Clients may use Tiger's flagship mobile trading APP, Tiger Trade, to trade equities in The U.S., Hong Kong, Singapore, and Australia as well as futures, options, and funds.

UP Fintech Holding (UP Fintech Holding) Headlines

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