Effective Income Tax Rate Reconciliation Beat Amount
Willis Towers Watson Effective Income Tax Rate Reconciliation Beat Amount remained flat by 0.0% to $250.00K in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 107.7%, from -$3.25M to $250.00K. Over 3 years (FY 2021 to FY 2024), Effective Income Tax Rate Reconciliation Beat Amount shows a downward trend with a -64.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Higher values indicate increased tax costs due to cross-border payments, signaling potential tax efficiency challenges.
Detailed definition
Reflects the impact of the Base Erosion and Anti-Abuse Tax (BEAT) on the company's effective tax rate. It measures the t...
Peer comparison
Standard for large multinational firms subject to US tax reform provisions.
other_effective_income_tax_rate_reconciliation_beat_amountHistorical Data
| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $22.00M | -$24.00M | -$13.00M | $1.00M |
| YoY Change | — | -209.1% | +45.8% | +107.7% |
Effective Income Tax Rate Reconciliation Beat Amount at Other Companies
Frequently Asked Questions
- What is Willis Towers Watson's effective income tax rate reconciliation beat amount?
- Willis Towers Watson (WTW) reported effective income tax rate reconciliation beat amount of $250.00K in Q4 2024.
- How has Willis Towers Watson's effective income tax rate reconciliation beat amount changed year-over-year?
- Willis Towers Watson's effective income tax rate reconciliation beat amount increased by 107.7% year-over-year, from -$3.25M to $250.00K.
- What is the long-term trend for Willis Towers Watson's effective income tax rate reconciliation beat amount?
- Over 3 years (2021 to 2024), Willis Towers Watson's effective income tax rate reconciliation beat amount has grown at a -64.3% compound annual growth rate (CAGR), from $22.00M to $1.00M.
- What does effective income tax rate reconciliation beat amount mean?
- The tax rate impact from the Base Erosion and Anti-Abuse Tax.