Tax
Foreign Tax (Current)
General Mills Foreign Tax (Current) remained flat by 0.0% to $16.38M in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 12.5%, from $14.55M to $16.38M. Over 4 years (FY 2021 to FY 2025), Foreign Tax (Current) shows a downward trend with a -8.4% CAGR.
Analysis
StatementIncome Statement
SectionTax
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ1 2021
Last reportedQ4 2025Jun 26, 2025
How to read this metric
Changes reflect the company's international profitability and the tax regimes of the countries in which it operates.
Detailed definition
This metric represents the income tax liability payable to foreign government authorities for the current period. It ref...
Peer comparison
Standard metric for multinational corporations to track international tax compliance and exposure.
Metric ID:
msft_current_foreign_tax_expenseHistorical Data
5 years
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $93M | $79.1M | $65.1M | $58.2M | $65.5M |
| YoY Change | — | -14.9% | -17.7% | -10.6% | +12.5% |
Range$58.2M – $93M
CAGR-8.4%
Avg YoY Growth-7.7%
Median YoY Growth-12.8%
Foreign Tax (Current) at Other Companies
Frequently Asked Questions
- What is General Mills's foreign tax (current)?
- General Mills (GIS) reported foreign tax (current) of $16.38M in Q1 2025.
- How has General Mills's foreign tax (current) changed year-over-year?
- General Mills's foreign tax (current) increased by 12.5% year-over-year, from $14.55M to $16.38M.
- What is the long-term trend for General Mills's foreign tax (current)?
- Over 4 years (2021 to 2025), General Mills's foreign tax (current) has grown at a -8.4% compound annual growth rate (CAGR), from $93M to $65.5M.
- What does foreign tax (current) mean?
- The amount of income tax currently owed to foreign government authorities.