How did Salesforce's tax expenses change over time?
3/30/2025 03:21am
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Salesforce's tax expenses have shown a general upward trend over the past five years, with some fluctuations. Here's a detailed analysis:
Growth Trend: The tax expenses for Salesforce have increased from $0 in 2020 to $4.72 billion in 20241. This indicates a general upward trajectory in the company's tax liabilities.
Yearly Variations: There are variations in tax expenses within individual years. For instance, there is a significant increase from $0.78 billion in 2021 to $2.71 billion in 20221. However, there is a slight decrease from $2.71 billion in 2022 to $2.16 billion in 20231.
Quarterly Fluctuations: Within quarters, there are fluctuations as well. For example, the tax expense for Q4 2024 is $1.89 billion, which is higher than the $1.68 billion for Q3 20241.
Stability: Despite the fluctuations, the company has managed to maintain a relatively stable tax expense profile, which is a positive sign for its financial health and its ability to manage its tax obligations.
Source:
1.
CRM Tax Expense (Quarterly) in the past five years
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