How has Visa's income tax expense changed over the last few quarters?

Visa's income tax expense has shown a general upward trend over the past few quarters, with some fluctuations. Here's a detailed analysis: 1. **Growth Trend**: The income tax expense for Visa has increased from $1.05 billion on September 30, 2024, to $1.08 billion on December 31, 2024. This indicates a positive trend in the company's tax liability, suggesting that Visa's income may have been growing or that the tax rate has increased. 2. **Recent Increase**: The most recent quarter's tax expense is $1.12 billion as of June 30, 2024. This is a significant increase from the previous quarter's tax expense, suggesting that either Visa's income has experienced a substantial rise or there may have been a change in tax regulations or accounting practices that has affected the company's tax liability. 3. **Comparison with Previous Quarters**: It's important to note that the tax expense in the most recent quarter is higher than the expense in the quarter before that. This could imply that Visa's income or the tax rate has increased, or a combination of both, during this period. |code|Ticker|Name|Date|Income Taxes|Income Taxes YoY|market_code| |---|---|---|---|---|---|---| |V|V.N|Visa|2024 Q2|8.5E8|-16.748285994123407|169| |V|V.N|Visa|2024 Q3|1.117E9|12.828282828282827|169| |V|V.N|Visa|2024 Q4|1.054E9|10.366492146596858|169| |V|V.N|Visa|2025 Q1|1.081E9|-6.163194444444445|169|