GE Vernova Cross-border taxes remained flat by 0.0% to 0.8% in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 95.0%, from 16.0% to 0.8%. Over 2 years (FY 2022 to FY 2024), Cross-border taxes shows an upward trend with a 78.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Higher values indicate increased tax friction in international markets, while lower values suggest efficient global tax management.
This metric represents the specific tax expense or benefit associated with cross-border activities that deviate from the...
Comparable to international tax reconciliation line items in peer financial statements.
other_effective_income_tax_rate_reconciliation_cross_bor_6c167e| FY'22 | FY'23 | FY'24 | |
|---|---|---|---|
| Value | 1% | 64% | 3.2% |
| YoY Change | — | >999% | -95.0% |