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GigaCloud Technology GCT Effective Income Tax Rate Reconciliation, Preferential Tax Rate, Amount
Effective Income Tax Rate Reconciliation, Preferential Tax Rate, Amount at other companies
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Where this comes from
Reported directly by GigaCloud Technology in its filing.
Tagged under the XBRL concept gct:EffectiveIncomeTaxRateReconciliationPreferentialTaxRateAmount.
The source filing: GigaCloud Technology’s 10-K, filed February 26, 2026.
- Filed
- Feb 26, 2026, 7:04 AM EST
- Fiscal year
- FY2025
- Accession
- 0001857816-26-000018
| Line item | Year ended December 31, 2024 | Year ended December 31, 2023 |
|---|---|---|
| Tax at statutory federal rate of 21% | $29,529 | $24,149 |
| State tax, net of federal benefit | 1,468 | 779 |
| Tax rate differential for foreign entities | (5,392) | (1,445) |
| Preferential tax rate | (1,795) | (322) |
| Change in unrecognized tax benefits | 1,029 | 451 |
| Non-deductible expenses | (126) | 5 |
| Cross-border transfer pricing adjustment | (6,366) | (1,161) |
| Change in valuation allowance on deferred tax assets | (197) | (817) |
Item 8. Financial Statements and Supplementary Data
FAQ
- What is GigaCloud Technology's effective income tax rate reconciliation, preferential tax rate, amount?
- GigaCloud Technology (GCT) reported effective income tax rate reconciliation, preferential tax rate, amount of $448.75K in Q4 2024.
- How has GigaCloud Technology's effective income tax rate reconciliation, preferential tax rate, amount changed year-over-year?
- GigaCloud Technology's effective income tax rate reconciliation, preferential tax rate, amount increased by 457.5% year-over-year, from $80.5K to $448.75K.
- What is the long-term trend for GigaCloud Technology's effective income tax rate reconciliation, preferential tax rate, amount?
- Over 3 years (2021 to 2024), GigaCloud Technology's effective income tax rate reconciliation, preferential tax rate, amount has grown at a 244.2% compound annual growth rate (CAGR), from $44K to $1.8M.
- What does effective income tax rate reconciliation, preferential tax rate, amount mean?
- This represents the tax savings or adjustments derived from income taxed at rates lower than the standard statutory rate, such as tax holidays or specific investment incentives. It highlights the company's ability to leverage preferential tax regimes to reduce its overall tax burden. This metric is key to understanding the sustainability of the company's effective tax rate.
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