TOWER SEMICONDUCTOR LTD Annual Income Tax Expense (Benefit) in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Tower Semiconductor Ltd quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2010 to 2023.
  • Tower Semiconductor Ltd Income Tax Expense (Benefit) for the quarter ending June 30, 2024 was $6.11M, a 6.28% increase year-over-year.
  • Tower Semiconductor Ltd annual Income Tax Expense (Benefit) for 2023 was $65.3M, a 156% increase from 2022.
  • Tower Semiconductor Ltd annual Income Tax Expense (Benefit) for 2022 was $25.5M, a 2390% increase from 2021.
  • Tower Semiconductor Ltd annual Income Tax Expense (Benefit) for 2021 was $1.02M, a 81% decline from 2020.
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $65.3M +$39.8M +156% Jan 1, 2023 Dec 31, 2023 20-F 2024-04-22
2022 $25.5M +$24.5M +2390% Jan 1, 2022 Dec 31, 2022 20-F 2024-04-22
2021 $1.02M -$4.38M -81% Jan 1, 2021 Dec 31, 2021 20-F 2024-04-22
2020 $5.4M +$2.45M +83.1% Jan 1, 2020 Dec 31, 2020 20-F 2023-05-16
2019 $2.95M -$2.99M -50.4% Jan 1, 2019 Dec 31, 2019 20-F 2022-04-29
2018 $5.94M +$106M Jan 1, 2018 Dec 31, 2018 20-F 2021-04-30
2017 -$99.9M -$101M -7075% Jan 1, 2017 Dec 31, 2017 20-F 2020-04-30
2016 $1.43M +$13.7M Jan 1, 2016 Dec 31, 2016 20-F 2019-04-25
2015 -$12.3M +$12.5M +50.4% Jan 1, 2015 Dec 31, 2015 20-F 2018-04-30
2014 -$24.7M -$15.4M -164% Jan 1, 2014 Dec 31, 2014 20-F 2017-04-10
2013 -$9.39M -$16.7M -228% Jan 1, 2013 Dec 31, 2013 20-F 2016-05-11
2012 $7.33M -$14M -65.7% Jan 1, 2012 Dec 31, 2012 20-F 2015-05-14
2011 $21.4M +$8.53M +66.5% Jan 1, 2011 Dec 31, 2011 20-F 2014-05-14
2010 $12.8M Jan 1, 2010 Dec 31, 2010 20-F 2013-04-30
* An asterisk sign (*) next to the value indicates that the value is likely invalid.