Other

Effective tax rate reconciliation, accrual for uncertain tax positions

VeriSign Effective tax rate reconciliation, accrual for uncertain tax positions remained flat by 0.0% to $600.00K in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 128.9%, from -$2.08M to $600.00K. Over 3 years (FY 2021 to FY 2024), Effective tax rate reconciliation, accrual for uncertain tax positions shows an upward trend with a -22.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ4 2024

How to read this metric

An increase indicates higher tax uncertainty or potential future tax settlements, which may negatively impact the effective tax rate.

Detailed definition

Represents the impact of accruals for uncertain tax positions on the company's effective tax rate reconciliation. This m...

Peer comparison

Required disclosure in the effective tax rate reconciliation table for all public companies.

Metric ID: other_effectivetaxratereconciliationaccrualforuncertaint_812dc9

Historical Data

4 years
 FY'21FY'22FY'23FY'24
Value-$5.10M-$1.50M-$8.30M$2.40M
YoY Change+70.6%-453.3%+128.9%
Range-$8.30M$2.40M
CAGR-22.2%
Avg YoY Growth-84.6%
Median YoY Growth+70.6%

Frequently Asked Questions

What is VeriSign's effective tax rate reconciliation, accrual for uncertain tax positions?
VeriSign (VRSN) reported effective tax rate reconciliation, accrual for uncertain tax positions of $600.00K in Q4 2024.
How has VeriSign's effective tax rate reconciliation, accrual for uncertain tax positions changed year-over-year?
VeriSign's effective tax rate reconciliation, accrual for uncertain tax positions increased by 128.9% year-over-year, from -$2.08M to $600.00K.
What is the long-term trend for VeriSign's effective tax rate reconciliation, accrual for uncertain tax positions?
Over 3 years (2021 to 2024), VeriSign's effective tax rate reconciliation, accrual for uncertain tax positions has grown at a -22.2% compound annual growth rate (CAGR), from -$5.10M to $2.40M.
What does effective tax rate reconciliation, accrual for uncertain tax positions mean?
The effect of reserves for uncertain tax positions on the overall effective tax rate.