Molson Coors Canada (TSX:TPX.B) Tax Rate % : 20.91% (As of Mar. 2024)

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What is Molson Coors Canada Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Molson Coors Canada's Tax Expense for the three months ended in Mar. 2024 was C$75 Mil. Molson Coors Canada's Pre-Tax Income for the three months ended in Mar. 2024 was C$359 Mil. Therefore, Molson Coors Canada's Tax Rate % for the quarter that ended in Mar. 2024 was 20.91%.

Molson Coors Canada Tax Rate % Historical Data

The historical data trend for Molson Coors Canada'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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Molson Coors Canada Tax Rate % Chart

Molson Coors Canada Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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48.70

-46.87

18.60

-198.40

23.64

Molson Coors Canada 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															28.16	21.54	20.66	36.25	20.91

Molson Coors Canada Tax Rate % Calculation

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

Molson Coors Canada'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 )
	=	397.248	/	1680.354
	=	23.64 %

Molson Coors Canada'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 )
	=	75.125	/	359.245
	=	20.91 %

Molson Coors Canada Tax Rate % Related Terms

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Molson Coors Canada (TSX:TPX.B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Molson Coors Canada Inc (TSX:TPX.B) » Definitions » Tax Rate %

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Traded in Other Exchanges

TPX.A:Canada

Address

33 Carlingview Drive, Toronto, ON, CAN, M9W 5E4

Website

https://www.molsoncoors.com

Molson Coors Canada Inc is a large global brewer and distributor of beer and other malt beverages. major brands include Coors Light, Miller Lite, Molson Canadian, Carling, Staropramen, Coors Banquet, Blue Moon, Vizzy, Leinenkugel, and Creemore. Its two segments are the Americas and EMEA&APAC segments. Americas segment operates in the U.S., Canada and various countries in the Caribbean, Latin and South America and EMEA&APAC segment operates in Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, the Republic of Ireland, Romania, Serbia, the U.K., various other European countries, and certain countries within the Middle East, Africa and Asia Pacific. Its breweries are located across the U.S., Canada, and Europe, with the majority of the company's revenue generated in Americas.

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