1. Finance
  2. Taxes

Total Tax Paid

Money

The total amount of taxes paid during a specific period. This metric provides a straightforward representation of a company's tax obligation and can be compared to prior periods to track fluctuations.

Formula

Sum of all taxes paid within the period

Example

If a company pays $50,000 in federal taxes, $20,000 in state taxes, and $10,000 in local taxes, the Total Tax Paid is $80,000.