Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent of Fortune Valley Treasures, Inc. from 31 Aug 2016 to 31 Mar 2024

Taxonomy & unit
us-gaap: pure
Description
Percentage of domestic federal statutory tax rate applicable to pretax income (loss).
Summary
Fortune Valley Treasures, Inc. quarterly and annual Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent in pure history and change rate from 31 Aug 2016 to 31 Mar 2024.
  • Fortune Valley Treasures, Inc. Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent for the quarter ending 31 Mar 2024 was 0.21, unchanged year-over-year.
  • Fortune Valley Treasures, Inc. annual Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent for 2023 was 0.21, unchanged from 2022.
  • Fortune Valley Treasures, Inc. annual Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent for 2022 was 0.21, unchanged from 2021.
  • Fortune Valley Treasures, Inc. annual Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent for 2021 was 0.21, unchanged from 2020.
Source SEC data
View on sec.gov
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent, Quarterly (pure)
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent, YoY Quarterly Change (%)
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent, Annual (pure)
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent, YoY Annual Change (%)

Fortune Valley Treasures, Inc. Quarterly Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent (pure)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
Q1 2024 0.21 0 0% 01 Jan 2024 31 Mar 2024 10-Q 20 May 2024 2024 Q1
Q1 2023 0.21 0 0% 01 Jan 2023 31 Mar 2023 10-Q 15 May 2023 2023 Q1
Q1 2022 0.21 0 0% 01 Jan 2022 31 Mar 2022 10-Q 16 May 2022 2022 Q1
Q1 2021 0.21 0 0% 01 Jan 2021 31 Mar 2021 10-Q 14 May 2021 2021 Q1
Q1 2020 0.21 0 0% 01 Jan 2020 31 Mar 2020 10-Q 15 May 2020 2020 Q1
Q4 2019 0.21 0 0% 01 Oct 2019 31 Dec 2019 10-K 26 Apr 2021 2020 FY
Q3 2019 0.21 0 0% 01 Jul 2019 30 Sep 2019 10-Q 14 Nov 2019 2019 Q3
Q2 2019 0.21 0 0% 01 Apr 2019 30 Jun 2019 10-Q 19 Aug 2019 2019 Q2
Q1 2019 0.21 0 0% 01 Jan 2019 31 Mar 2019 10-Q 15 May 2020 2020 Q1
Q4 2018 0.21 01 Oct 2018 31 Dec 2018 10-K 14 May 2020 2019 FY
Q3 2018 0.21 01 Jul 2018 30 Sep 2018 10-Q 14 Nov 2019 2019 Q3
Q2 2018 0.21 01 Apr 2018 30 Jun 2018 10-Q 19 Aug 2019 2019 Q2
Q1 2018 0.21 -0.13 -38% 01 Jan 2018 31 Mar 2018 10-Q 15 May 2019 2019 Q1
Q1 2017 0.34 01 Jan 2017 31 Mar 2017 10-Q 21 May 2018 2018 Q1

Fortune Valley Treasures, Inc. Annual Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent (pure)

Period Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
2023 0.21 0 0% 01 Jan 2023 31 Dec 2023 10-K 15 Apr 2024 2023 FY
2022 0.21 0 0% 01 Jan 2022 31 Dec 2022 10-K 15 Apr 2024 2023 FY
2021 0.21 0 0% 01 Jan 2021 31 Dec 2021 10-K 31 Mar 2023 2022 FY
2020 0.21 0 0% 01 Jan 2020 31 Dec 2020 10-K 01 Apr 2022 2021 FY
2019 0.21 0 0% 01 Jan 2019 31 Dec 2019 10-K 26 Apr 2021 2020 FY
2018 0.21 0 0% 01 Jan 2018 31 Dec 2018 10-K 14 May 2020 2019 FY
2017 0.21 -0.13 -38% 01 Jan 2017 31 Dec 2017 10-K 02 Apr 2019 2018 FY
2016 0.34 01 Sep 2015 31 Aug 2016 10-K/A 17 Feb 2017 2016 FY
* An asterisk sign (*) next to the value indicates that the value is likely invalid.