GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » European Residential REIT (TSX:ERE.UN) » Definitions » Tax Rate %

European Residential REIT (TSX:ERE.UN) Tax Rate % : 5.42% (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is European Residential REIT Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. European Residential REIT's Tax Expense for the three months ended in Mar. 2024 was C$1.9 Mil. European Residential REIT's Pre-Tax Income for the three months ended in Mar. 2024 was C$35.5 Mil. Therefore, European Residential REIT's Tax Rate % for the quarter that ended in Mar. 2024 was 5.42%.

European Residential REIT Tax Rate % Historical Data

The historical data trend for European Residential REIT'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.

* Premium members only.

European Residential REIT Tax Rate % Chart

European Residential REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial -223.14 13.05 36.70 -6.12 31.93

European Residential REIT 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 22.41 150.85 -25.79 18.48 5.42

European Residential REIT Tax Rate % Calculation

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

European Residential REIT'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 )
=-78.402/-245.523
=31.93 %

European Residential REIT'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 )
=1.924/35.501
=5.42 %

* 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.

European Residential REIT Tax Rate % Related Terms

Thank you for viewing the detailed overview of European Residential REIT's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

European Residential REIT (TSX:ERE.UN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » European Residential REIT (TSX:ERE.UN) » Definitions » Tax Rate %
Comparable Companies
TSX:DRR.U TSXV:FCA.UN TSXV:SRES TSXV:MAR.UN TSXV:LRT.UN TSX:MRG.UN TSX:MI.UN TSX:HOM.U TSX:MHC.U AVB EQR INVH MAA SUI ESS ELS AMH UDR CPT TSX:CAR.UN
Traded in Other Exchanges
EREUF:USA
Address
11 Church Street, Suite 401, Toronto, ON, CAN, M5E 1W1
Website
https://www.eresreit.com
European Residential REIT is an unincorporated, open-ended real estate investment trust. The company is focused on multi-residential real estate investment trust, with a current initial focus on investing in multi-residential real estate properties in Europe. The REIT owns and operates a portfolio of multi-residential properties, including apartments and townhomes, as well as commercial properties in Europe.

European Residential REIT (TSX:ERE.UN) Headlines

No Headlines