B Communications (XTAE:BCOM) Tax Rate % : 26.56% (As of Mar. 2024)

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What is B Communications Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. B Communications's Tax Expense for the three months ended in Mar. 2024 was ₪98 Mil. B Communications's Pre-Tax Income for the three months ended in Mar. 2024 was ₪369 Mil. Therefore, B Communications's Tax Rate % for the quarter that ended in Mar. 2024 was 26.56%.

B Communications Tax Rate % Historical Data

The historical data trend for B Communications'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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B Communications Tax Rate % Chart

B Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-18,150.00

27.07

27.72

27.38

24.71

B Communications 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															24.34	25.91	21.45	27.49	26.56

B Communications Tax Rate % Calculation

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

B Communications'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 )
	=	346	/	1400
	=	24.71 %

B Communications'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 )
	=	98	/	369
	=	26.56 %

B Communications Tax Rate % Related Terms

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B Communications (XTAE:BCOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » B Communications Ltd (XTAE:BCOM) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

BCOMF:USA

Address

144 Menachem Begin Road, Tel Aviv, ISR, 6492102

Website

http://www.bcommunications.co.il

B Communications Ltd is a holding company with a single asset, a controlling interest in Bezeq, an Israeli triple play telecommunications company. Bezeq generates revenue through the provision of mobile, broadband, and data. It operates through four business segments: Bezeq, Pelephone Communications Ltd, Bezeq International Ltd, and DBS Satellite Services. The Bezeq segment generates revenue from fixed line communications. Bezeq's other division, Pelephone, derives revenue from the provision of mobile services. The last two segments, Bezeq International and DBS Satellite Services, produce revenue from the provision of Internet services and satellite TV services, respectively. Bezeq is an owner of telecommunications infrastructure, such as fibre networks.

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