CLAIM #44463 · Microsoft Corporation (MSFT) · 2023Q3 earnings call · Apr 25, 2023 · due Jun 30, 2023
“As a reminder, for Q4 cash flow, we expect to make a $1.3 billion cash tax payment related to the R&D capitalization provision.”
Amy Hood · CFO
CANNOT_DETERMINE
versus commitment · official band 5 percent
Committed
we expect to make a $1.3 billion cash tax payment related to the R&D capitalization provision
Reported
Cash flow from operations was $28.8 billion, up 17% year-over-year as strong cloud billings and collections were partially offset by a tax payment related to the R&D capitalization provision
How to check this claim
Look at: Cash tax payment related to R&D capitalization provision, disclosed in Q4 cash flow commentary
It came true if: Reported/disclosed cash tax payment between $1.235 billion and $1.365 billion (within 5% of $1.3 billion)
Where: Company Q4 FY2023 earnings call management commentary or cash flow statement disclosure (10-K/10-Q)
Verify independently
SEC filings for MSFT ↗ · Claim quote is verbatim from the 2023Q3 earnings call.