Tax
State & Local Tax (Current)
Shopify State & Local Tax (Current) remained flat by 0.0% to $16.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 255.6%, from $4.50M to $16.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionTax
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ4 2025Feb 11, 2026
How to read this metric
Increases may reflect expansion into higher-tax jurisdictions or changes in regional tax legislation.
Detailed definition
The portion of the total income tax provision that is currently payable to state and local government jurisdictions. Thi...
Peer comparison
Standard tax disclosure for companies with significant domestic regional footprints.
Metric ID:
msft_current_state_and_local_tax_expenseHistorical Data
3 years
| FY'23 | FY'24 | FY'25 | |
|---|---|---|---|
| Value | $0.00 | $18.00M | $64.00M |
| YoY Change | — | — | +255.6% |
Range$0.00 – $64.00M
Avg YoY Growth+255.6%
Median YoY Growth+255.6%
State & Local Tax (Current) at Other Companies
Frequently Asked Questions
- What is Shopify's state & local tax (current)?
- Shopify (SHOP) reported state & local tax (current) of $16.00M in Q4 2025.
- How has Shopify's state & local tax (current) changed year-over-year?
- Shopify's state & local tax (current) increased by 255.6% year-over-year, from $4.50M to $16.00M.
- What does state & local tax (current) mean?
- The amount of state and local income tax currently owed for the period.