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Salesforce (NEOE:CRM) Tax Rate % : 12.10% (As of Jan. 2024)


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What is Salesforce Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Salesforce's Tax Expense for the three months ended in Jan. 2024 was C$267 Mil. Salesforce's Pre-Tax Income for the three months ended in Jan. 2024 was C$2,208 Mil. Therefore, Salesforce's Tax Rate % for the quarter that ended in Jan. 2024 was 12.10%.

Salesforce Tax Rate % Historical Data

The historical data trend for Salesforce's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Salesforce Tax Rate % Chart

Salesforce Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.15 -59.00 5.74 68.48 16.44

Salesforce Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 396.97 38.96 15.08 17.69 12.10

Salesforce Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Salesforce's Tax Rate % for the fiscal year that ended in Jan. 2024 is calculated as

Tax Rate %=Tax Expense (A: Jan. 2024 )/Pre-Tax Income (A: Jan. 2024 )
=1092.632/6644.385
=16.44 %

Salesforce's Tax Rate % for the quarter that ended in Jan. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jan. 2024 )/Pre-Tax Income (Q: Jan. 2024 )
=267.118/2208.084
=12.10 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Salesforce Tax Rate % Related Terms

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Salesforce (NEOE:CRM) Business Description

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Traded in Other Exchanges
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Address
415 Mission Street, 3rd Floor, Salesforce Tower, San Francisco, CA, USA, 94105
Website
https://www.salesforce.com
Salesforce Inc provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group to deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.