Tax

State & Local Tax (Deferred)

Veeva Systems State & Local Tax (Deferred) remained flat by 0.0% to $2.03M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 143.8%, from -$4.64M to $2.03M. Over 4 years (FY 2022 to FY 2026), State & Local Tax (Deferred) shows an upward trend with a 71.3% CAGR.

Analysis

StatementIncome Statement
SectionTax
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ4 2025

How to read this metric

Changes reflect the impact of state-specific tax laws on the timing of tax payments.

Detailed definition

The portion of the income tax provision that is deferred to future periods due to temporary differences between financia...

Peer comparison

Standard tax disclosure for companies with significant regional operations.

Metric ID: msft_deferred_state_and_local_tax_expense

Historical Data

5 years
 FY'22FY'23FY'24FY'25FY'26
Value$945.00K-$20.76M-$15.74M-$18.57M$8.13M
YoY Change—<-999%+24.2%-18.0%+143.8%
Range-$20.76M – $8.13M
CAGR+71.3%
Avg YoY Growth-536.6%
Median YoY Growth+3.1%

Frequently Asked Questions

What is Veeva Systems's state & local tax (deferred)?
Veeva Systems (VEEV) reported state & local tax (deferred) of $2.03M in Q4 2025.
How has Veeva Systems's state & local tax (deferred) changed year-over-year?
Veeva Systems's state & local tax (deferred) increased by 143.8% year-over-year, from -$4.64M to $2.03M.
What is the long-term trend for Veeva Systems's state & local tax (deferred)?
Over 4 years (2022 to 2026), Veeva Systems's state & local tax (deferred) has grown at a 71.3% compound annual growth rate (CAGR), from $945.00K to $8.13M.
What does state & local tax (deferred) mean?
State and local taxes that are recognized in the current period but will be paid or realized in future periods.