Income tax expense · 2016–2025

Bank of Nova Scotia income tax expense

$2.0B+32.7% · FY2025

Bank of Nova Scotia (BNS) reported $2.0B in income tax expense for fiscal 2025, +32.7% year on year.

$1.5B2016$1.6B2017$1.8B2018$1.9B2019$1.2B2020$2.3B2021$2.1B2022$1.6B2023$1.5B2024$2.0B2025
Bank of Nova Scotia — Income tax expense, 2016–2025
Fiscal yearIncome tax expenseChangeFiling
FY20252025-10-31$2.0B+32.7%Open →
FY20242024-10-31$1.5B−9.8%Open →
FY20232023-10-31$1.6B−22.4%Open →
FY20222022-10-31$2.1B−7.4%Open →
FY20212021-10-31$2.3B+98.8%Open →
FY20202020-10-31$1.2B−38.2%Open →
FY20192019-10-31$1.9B+1.3%Open →
FY20182018-10-31$1.8B+17.3%Open →
FY20172017-10-31$1.6B+2.3%Open →
FY20162016-10-31$1.5B—Open →

Income tax expense — Income tax expense is the tax a company charged against profit in its income statement for the year. It is not the same as the cash it handed to tax authorities: deferred tax, provisions and timing differences separate the two, often by billions. The cash figure is a different line in the cash-flow statement.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2016–2025 compound annual growth +2.8%

Figures are reported under IFRS in CAD and converted to US dollars at ECB reference rates — fiscal 2025 average 1.397 CAD/$ for income items, year-end 1.369 CAD/$ for balance-sheet items.

Income tax expense at companies of similar size

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Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Bank of Nova Scotia income tax expense |url=https://companiesranked.com/en/company/bank-of-nova-scotia/income-tax-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Bank of Nova Scotia income tax expense. CompaniesRanked. https://companiesranked.com/en/company/bank-of-nova-scotia/income-tax-expense

BibTeX

@misc{companiesranked-en-company-bank-of-nova-scotia-income-tax-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Bank of Nova Scotia income tax expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/bank-of-nova-scotia/income-tax-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 40-F · 0001193125-25-304643 · December 2, 2025

{{cite web |title=Bank of Nova Scotia income tax expense — 40-F (0001193125-25-304643) |url=https://www.sec.gov/Archives/edgar/data/9631/000119312525304643/d936350d40f.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2025-12-02}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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