4 ms·
That's their GAAP taxes. If you instead look at cash taxes paid it's significantly lower on average: Period Cash Taxes Paid ($mm) May-31-2010 43 Ma
by eigenvalue 7y ago
That's their GAAP taxes. If you instead look at cash taxes paid it's significantly lower on average:
Period Cash Taxes Paid ($mm)
May-31-2010 43
May-31-2011 387
May-31-2012 257
May-31-2013 468
May-31-2014 766
May-31-2015 1113
May-31-2016 991
May-31-2017 377
May-31-2018 189
May-31-2019 371
Aug-31-2019 324
- SanchoPanda 7y agoBoth are important to look at for sure. But accrual is a fairer picture wihtout a lot of notes imho when using such a broad brush. Thank you for adding it though. I should have included it probably.