This increase may warrant attention — for this metric, lower values are generally preferred.
An increase in the statutory rate generally signals a higher tax burden and potential pressure on net income, assuming no offsetting exemptions.
This metric reflects the standard corporate income tax rate applicable to the company's operations within the Macao juri...
Comparable to standard corporate tax rates applied to foreign subsidiaries in other global gaming hubs like Singapore or regional competitors.
lvs_segment_macao_statutory_tax_rate| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | 0% | 0% | 12% | 0% | 12% | 0% | 0% | 12% | 0% | 0% | 12% |
| QoQ Change | — | — | — | -100.0% | — | -100.0% | — | — | -100.0% | — | — |
| YoY Change | — | — | — | — | +0.0% | — | — | +0.0% | — | — | — |