Tax

Foreign Tax (Current)

Veeva Systems Foreign Tax (Current) remained flat by 0.0% to $3.97M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 45.5%, from $2.73M to $3.97M. Over 4 years (FY 2022 to FY 2026), Foreign Tax (Current) shows an upward trend with a 19.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionTax
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ4 2025

How to read this metric

Changes reflect the tax impact of global revenue distribution and international tax compliance.

Detailed definition

The portion of the total income tax provision that is currently payable to foreign governments. This captures the immedi...

Peer comparison

Standard tax disclosure for multinational corporations.

Metric ID: msft_current_foreign_tax_expense

Historical Data

5 years
 FY'22FY'23FY'24FY'25FY'26
Value$7.84M$8.51M$12.16M$10.90M$15.87M
YoY Change+8.5%+42.9%-10.3%+45.5%
Range$7.84M$15.87M
CAGR+19.3%
Avg YoY Growth+21.7%
Median YoY Growth+25.7%

Frequently Asked Questions

What is Veeva Systems's foreign tax (current)?
Veeva Systems (VEEV) reported foreign tax (current) of $3.97M in Q4 2025.
How has Veeva Systems's foreign tax (current) changed year-over-year?
Veeva Systems's foreign tax (current) increased by 45.5% year-over-year, from $2.73M to $3.97M.
What is the long-term trend for Veeva Systems's foreign tax (current)?
Over 4 years (2022 to 2026), Veeva Systems's foreign tax (current) has grown at a 19.3% compound annual growth rate (CAGR), from $7.84M to $15.87M.
What does foreign tax (current) mean?
The amount of income tax currently owed to foreign governments for the period.