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Coty(COTY) - 2023 Q4 - Annual Report

The following table presents our (benefit) provision for income taxes, and effective tax rates for the periods presented: 2023 2022 2021 Provision (benefit) for income taxes 181.6181.6 164.8 (172.0)Effectiveincometaxrate25.8(172.0) Effective income tax rate 25.8 % 38.6 % 71.7 % (f) In fiscal 2023, net income attributable to Coty Inc. was508.2 compared to income of $259.5 in fiscal 2022. The net income increase was primarily driven by higher operating income, incremental net gains associated with forward repurchase contracts, contingent ...