Discontinued — last reported Q4 '24
Other Foreign Operations — Withholding taxes
Viatris Other Foreign Operations — Withholding taxes remained flat by 0.0% to -1.1% in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 158.1%, from 1.8% to -1.1%. Over 3 years (FY 2021 to FY 2024), Other Foreign Operations — Withholding taxes shows a downward trend with a 49.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
A decrease is generally favorable as it suggests lower tax leakage on international cash flows, while an increase indicates higher tax costs on repatriated earnings.
Detailed definition
This metric measures the impact of withholding taxes on the effective income tax rate for the Other Foreign Operations s...
Peer comparison
Standard line item in effective tax rate reconciliations for global firms with significant international operations.
vtrs_segment_other_foreign_operations_withholding_taxesHistorical Data
| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | -1.3% | 1.5% | 7.4% | -4.3% |
| YoY Change | — | +215.4% | +393.3% | -158.1% |
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Frequently Asked Questions
- What is Viatris's other foreign operations — withholding taxes?
- Viatris (VTRS) reported other foreign operations — withholding taxes of -1.1% in Q4 2024.
- How has Viatris's other foreign operations — withholding taxes changed year-over-year?
- Viatris's other foreign operations — withholding taxes decreased by 158.1% year-over-year, from 1.8% to -1.1%.
- What is the long-term trend for Viatris's other foreign operations — withholding taxes?
- Over 3 years (2021 to 2024), Viatris's other foreign operations — withholding taxes has grown at a 49.0% compound annual growth rate (CAGR), from -1.3% to -4.3%.
- What does other foreign operations — withholding taxes mean?
- The percentage impact of taxes withheld by foreign governments on cross-border payments.