tax rate, Q1 FY2023
Salesforce, Inc. expects tax rate of 40% for Q1 FY2023.
Guided 40% on 1 Mar 2022; reported 25% 91 days later; below the range by 37.5%, better than guided.
01FX1CDM0065EMB329J46NQ99S
- Status
- missed better than guided
- Guided
- 40%
- Stated
- 2022-03-01
- Reported
- 25%
- Outcome date
- 2022-05-31
- Days to falsifiable
- 91
- Acknowledged
- no
The guidance
(1)The Company's GAAP tax provision is expected to be approximately 40% for the three months ended April 30, 2022, and approximately 40% for the year ended January 31, 2023.
8-K 0001108524-22-000010, filed 2022-03-01 View on EDGAR
The outcome
diluted earnings per share by $0.01 based on a U.S. tax rate of 25% and non-GAAP diluted earnings per share by $0.01 based on a non-GAAP tax rate of 22%.
8-K 0001108524-22-000019, filed 2022-05-31 View on EDGAR
Review
review: hand-reviewed
Reviewed by hand by Navneet on 2026-09-22.