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# What is pfizers current marginal tax rate with calculations

What is pfizers current marginal tax rate with calculations

 Workings: Ledger a/cs created from latest Quarter results of Pfizer group Income taxes payable a/c Current Tax assets a/c Debit Credit Debit Credit Dec . 31,2018 Beg. Balance 1265 Beginning Balance 3374 Provn.thro.Income statement 433 Income taxes payable 151 Advance tax paid(Bal. fig.) 151 Advance tax paid(Bal. fig.) 73 Mar.31, 2019 Ending balance 1849 Ending Balance 3598 1849 1849 3598 3598
 PFIZER INC. AND SUBSIDIARY COMPANIES CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) for the Quarter ended Mar.31, 2019 Income from continuing operations before provision for taxes on income 4323 Total income tax for the quarter(433+151)= 584 Marginal income tax rate for the latest Qtr.(584/4323)= 13.51%
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