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Verizon Communications (VZ) Current Taxes (2016)

Verizon Communications (VZ) has disclosed Current Taxes for 7 consecutive years, with $1.5 billion as the latest value for Q4 2016.

  • Quarterly Current Taxes fell 26.19% to $1.5 billion in Q4 2016 from the year-ago period, while the trailing twelve-month figure was $1.5 billion through Dec 2016, down 26.19% year-over-year, with the annual reading at $1.5 billion for FY2016, 26.19% down from the prior year.
  • Current Taxes for Q4 2016 was $1.5 billion at Verizon Communications, down from $2.1 billion in the prior quarter.
  • The five-year high for Current Taxes was $2.1 billion in Q4 2015, with the low at $1.5 billion in Q4 2014.
  • Average Current Taxes over 5 years is $1.6 billion, with a median of $1.6 billion recorded in 2013.
  • The sharpest move saw Current Taxes skyrocketed 44.81% in 2012, then dropped 26.19% in 2016.
  • Over 5 years, Current Taxes stood at $1.6 billion in 2012, then dropped by 0.32% to $1.6 billion in 2013, then decreased by 6.36% to $1.5 billion in 2014, then soared by 40.97% to $2.1 billion in 2015, then decreased by 26.19% to $1.5 billion in 2016.
  • According to Business Quant data, Current Taxes over the past three periods came in at $1.5 billion, $2.1 billion, and $1.5 billion for Q4 2016, Q4 2015, and Q4 2014 respectively.