Tax Expense

Tax Expense = Current tax expense + Deferred tax expense - Tax benefits

Interpretation depends on context. Consider industry standards, company strategy, and other factors when evaluating this metric.

• 1Effective tax rate = Tax Expense / Pre-tax Income.

Can differ significantly from cash taxes paid due to timing and credits.

• Cost of Revenue
• Operating Expenses
• Other Operating Expenses
• Research & Development (R&D)
• Depreciation & Amortization