Loading yearly assumptions...

About Tax Rates

  • Tax Rate (NOP): Applied to EBITDA to calculate Net Operating Profit. Formula: NOP = EBITDA x (1 - Tax Rate)
  • Tax Rate (ACF): Used for tax escrow when calculating Available Cash Flow. Typically higher than actual rate for safety margin.
  • Reinvestment: Portion of NOP reserved for reinvestment (not distributed).
  • Effective Distribution Rate: 100% - ACF Tax Rate - Reinvestment Rate = 45%