Thanks Brother@EquityPlus wrote:@AsithaDe wrote:Income Tax % of Past 10 years
Rich - 27%
Spen - 17.3%
JKH - 16%
Anybody know why it is high in Rich ?
Income tax provisions of companies have been calculated on their adjusted profits at the standard rate of 28%, except for Companies which are enjoying income tax exemptions or subject to concessionary tax rates.
If you look at SPEN, Group, their effective income tax rate is around 21% after considering all tax exemptions
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