Korean Air Lines Co (XKRX:003490) Tax Rate % : 25.70% (As of Mar. 2024)

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What is Korean Air Lines Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Korean Air Lines Co's Tax Expense for the three months ended in Mar. 2024 was ₩140,653 Mil. Korean Air Lines Co's Pre-Tax Income for the three months ended in Mar. 2024 was ₩547,181 Mil. Therefore, Korean Air Lines Co's Tax Rate % for the quarter that ended in Mar. 2024 was 25.70%.

Korean Air Lines Co Tax Rate % Historical Data

The historical data trend for Korean Air Lines Co'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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Korean Air Lines Co Tax Rate % Chart

Korean Air Lines Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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15.43

12.00

31.35

32.50

28.34

Korean Air Lines Co 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															31.19	26.32	27.25	32.34	25.70

Korean Air Lines Co Tax Rate % Calculation

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

Korean Air Lines Co'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 )
	=	446584.628	/	1575690.364
	=	28.34 %

Korean Air Lines Co'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 )
	=	140652.573	/	547181.281
	=	25.70 %

Korean Air Lines Co Tax Rate % Related Terms

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Korean Air Lines Co (XKRX:003490) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Korean Air Lines Co Ltd (XKRX:003490) » Definitions » Tax Rate %

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003495:Korea

Address

260 Haneul-gil, Gangseo-gu, Seoul, KOR

Website

http://www.koreanair.com

Korean Air Lines Co Ltd is an airline operator with a global reach. The company has four operating segments: Air transport (majority of total revenues), Aerospace (maintenance and repairs), In-flight meals, and Hotel/limousine and others. Passenger tickets can be bought on the company's website or at the airport counter. Multiple options related to passenger class or cabin experience, baggage fees, and other services are offered to customers. Revenues derived from Republic of Korea account for approximately one-fourth of total revenues, with the remainder coming from international operations. The company has created an alliance with global carriers to help connect flights, and give passengers better options to travel.

Korean Air Lines Co (XKRX:003490) Headlines

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