Tax

State & Local Tax (Deferred)

Willis Towers Watson State & Local Tax (Deferred) remained flat by 0.0% to $1.75M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 143.8%, from -$4.00M to $1.75M. Over 4 years (FY 2021 to FY 2025), State & Local Tax (Deferred) shows an upward trend with a 23.6% 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'21FY'22FY'23FY'24FY'25
Value-$3.00M$5.00M-$15.00M-$16.00M$7.00M
YoY Change—+266.7%-400.0%-6.7%+143.8%
Range-$16.00M – $7.00M
CAGR+23.6%
Avg YoY Growth+0.9%
Median YoY Growth+68.5%

Frequently Asked Questions

What is Willis Towers Watson's state & local tax (deferred)?
Willis Towers Watson (WTW) reported state & local tax (deferred) of $1.75M in Q4 2025.
How has Willis Towers Watson's state & local tax (deferred) changed year-over-year?
Willis Towers Watson's state & local tax (deferred) increased by 143.8% year-over-year, from -$4.00M to $1.75M.
What is the long-term trend for Willis Towers Watson's state & local tax (deferred)?
Over 4 years (2021 to 2025), Willis Towers Watson's state & local tax (deferred) has grown at a 23.6% compound annual growth rate (CAGR), from -$3.00M to $7.00M.
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.