Cadence Design Systems Withholding taxes remained flat by 0.0% to $5.04M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 31.9%, from $3.83M to $5.04M. Over 3 years (FY 2021 to FY 2024), Withholding taxes shows a downward trend with a -5.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase in withholding taxes may signal higher costs associated with moving capital back to the parent company.
Represents the tax costs incurred when repatriating earnings or paying dividends across international borders. These tax...
A standard line item for multinational corporations with complex global cash management.
other_income_tax_reconciliation_withholding_taxes| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $23.50M | $17.46M | $15.30M | $20.18M |
| YoY Change | — | -25.7% | -12.4% | +31.9% |