The Motley Fool

APRIL 18, 2024

On the liability side, current liabilities increased by NT$113 billion, mainly due to the increase of NT$140 billion in accrued liabilities and others, partially offset by the decrease of NT$44 billion in accounts payable. Also, in the second quarter, we will need to accrue the tax on the undistributed retained earnings.

Taxes 246

Taxes Liabilities Accounting Capital 246

The Motley Fool

NOVEMBER 28, 2023

Consumer group revenue growth reflects a strong finish to the tax extension season. We remain focused on transforming the assisted consumer and business tax categories with TurboTax Live. Our innovation in tax has accelerated in several areas. We believe this is Intuit's most exciting era yet. Third, QuickBooks.

Taxes 246

Taxes Accounting Best Practices Banks 246

The Motley Fool

NOVEMBER 5, 2024

We generated $132 million of income before income taxes in Q3 and a $70 million of net income attributable to Coupang stockholders. This quarter, we reported an effective income tax rate of 52% driven by consolidation of pre-tax losses in Farfetch and nondeductible expenses. This resulted in diluted earnings per share of $0.04.

Amortization 244

Amortization Leveraging Taxes Depreciation 244

The Motley Fool

SEPTEMBER 5, 2024

Free cash flow as a percentage of revenue has declined from the same quarter a year ago due to higher cash interest expense from debt related to the VMware acquisition and higher cash taxes due to a higher mix of U.S. billion of withholding taxes due on vesting of employee equity, resulting in the elimination of 8.4 We paid $1.4

Resale 238

Resale Debt Taxes Liabilities 238

The Motley Fool

NOVEMBER 7, 2024

life insurance companies reported an estimated pre-tax loss of $18 million, driven by unfavorable mortality and higher new claims, as well as lower benefit from legal settlements. For the full year, we continue to expect the liability remeasurement loss from actual to expected experience. On a statutory accounting basis, the U.S.

Legal 130

Legal Debt Shareholders Taxes 130

The Motley Fool

JUNE 11, 2024

The non-GAAP tax rate came out over 1% higher than my guidance at 20.1%, and non-GAAP EPS was $1.63 As a reminder, the non-GAAP tax rate last year was 9.2%, and this had an adverse effect on this quarter's EPS growth. Non-GAAP pre-tax income grew 14% in constant currency. My EPS guidance for Q1 assumes a base tax rate of 20%.

Taxes 246

Taxes Banks Investors Companies 246

The Motley Fool

OCTOBER 18, 2023

Mercedes is accepting legal liability for when it's Level 3 autonomous driving system drive pilot is active. Is Tesla planning to accept legal liability for FSD? Elon Musk Well, there's a lot of people that assume we have legal liability judging by the lawsuits. And if so, when? So, that's why it's hardly just North America.

Liabilities 246

Liabilities Banks Legal Taxes 246

The Motley Fool

SEPTEMBER 5, 2024

Pretax loss was $73,000 or breakeven as a percentage of net sales compared to last year's pre-tax loss of $1.5 Income tax benefit was $4,000 or 6.2% of pre-tax loss compared to a benefit of $0.3 of pre-tax loss last year. million or 0.9% of net sales. million or 23.2% million or $0.04 million to $8.7

Taxes 130

Taxes Assets Liabilities Capital 130

The Motley Fool

APRIL 24, 2024

Turning to Originations, our team did a great job generating $32 million in pre-tax income while continuing to be an industry leader in retention. Now let's turn to Slide 10 and discuss originations where we reported pre-tax earnings of $32 million which came in slightly above guidance. Good morning.

Leveraging 246

Leveraging Amortization Bidding Collateral 246

The Motley Fool

FEBRUARY 8, 2024

Next, a change in profit before income tax for nine months and compared to the same period last fiscal year. Profit before income taxes, despite a decrease in equity method profit mainly from China due to an increase in operating profit, interest income, and other profits was increased by JPY 405.1 The change factors are as follows.

Taxes 245

Taxes Finance Financing Capital 245

The Motley Fool

APRIL 16, 2024

billion after tax and EPS of $0.76. Let's turn our focus to NII performance using Slide 9, where you can see on a fully tax equivalent basis, NII was $14.2 As we look forward for Q2, we expect some modest impact of lower deposits in wealth management as clients make their seasonal income tax payments.

Banks 246

Banks Taxes Investment Banks Investment Banking 246

The Motley Fool

JULY 24, 2024

billion of operating pre-tax income, and $2.43 Our 4% revenue growth at constant currency combined with greater than 200 basis points of operating pre-tax margin expansion drove 17% operating pre-tax income growth and 11% operating diluted earnings-per-share growth, highlighting our strong execution. billion in revenue, $2.8

Consulting 243

Consulting Consultants Leveraging Taxes 243

The Motley Fool

OCTOBER 31, 2024

On the institutional side, our continued leadership in pension risk transfer was reinforced through a second transaction with IBM, this time to reinsure $6 billion of pension liabilities. We also maintain a well-diversified, high-quality portfolio and disciplined approach to asset liability management. on an after-tax basis.

Liabilities 130

Liabilities Capital Assets Shareholders 130

The Motley Fool

OCTOBER 18, 2024

includes significant tax credits within the period. That said, core pre-tax income of $108 million does not reflect what the company is capable of. Second, we have a liability-sensitive balance sheet heading into a falling rate environment. On liabilities, cost of funds increased 3 basis points quarter over quarter.

Taxes 130

Taxes Finance Financing Collateral 130

The Motley Fool

OCTOBER 31, 2024

professional liability and general liability portfolios, where we took underwriting actions to improve profitability. Favorable development in the first nine months of 2024 was most notable within our international professional liability product lines. Our premium growth was driven by select U.S.

Liabilities 130

Liabilities Performance Fees Capital Portfolios 130

The Motley Fool

OCTOBER 11, 2024

million on a pre-tax basis. Through the first six months of the fiscal year, despite over $21 million decline in total consumer segment sales, we generated pre-tax income of $4.6 Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

Debt 240

Debt Capital Leveraging Prospects 240

The Motley Fool

NOVEMBER 21, 2024

We've transformed the company from a tax and accounting platform to an AI-driven expert platform. Starting with our consumer platform, Big Bet 3 is focused on helping customers make smart money decisions, take steps to improve their financial health year round, achieve their best tax outcome, and accelerate the receipt of their refund.

Taxes 130

Taxes Accounting Leveraging Capital 130

The Motley Fool

DECEMBER 5, 2024

million or 9% of net sales compared to last year's pre-tax loss of $1.2 Income tax benefit was $5,000, a near zero tax rate compared to a benefit of $0.3 million or 28% of pre-tax loss last year. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

Taxes 130

Taxes Leveraging Assets Capital 130

The Motley Fool

NOVEMBER 7, 2024

See 3 “Double Down” stocks » *Stock Advisor returns as of November 4, 2024 Consistent with previous reporting practices, adjusted production numbers cited in today's call are adjusted to exclude noncontrolling interest in Egypt and Egypt tax barrels. We now carry an after-tax present value liability of $1.2 And that $1.2

Liabilities 130

Liabilities Taxes Prospects Assets 130

The Motley Fool

SEPTEMBER 3, 2024

Moving on to taxes. Please note that we expect to continue to be a modest cash taxpayer in fiscal 2025, with an estimated cash tax of approximately $45 million to $50 million. For non-GAAP P&L reporting, I'd like to call your attention to a change we are making to our non-GAAP tax calculations. billion to $2.62

Taxes 245

Taxes Accounting Finance Financing 245

The Motley Fool

DECEMBER 4, 2024

Our adjusted effective tax rate was 23.8%, compared to 21.8%, reflecting lower workers' opportunity tax credits in the current year. I just wanted to ask on, it didn't come up this quarter, but there's been the general liability claims a couple of times in the past. Adjusted net income increased 13% to $241 million.

Depreciation 244

Depreciation Leveraging Liabilities Shareholders 244

The Motley Fool

JULY 18, 2024

Our consolidated pre-tax income increased 1% to $1.8 billion on a 2% increase in revenues to $10 billion, with a pre-tax profit margin of 18.1%. We anticipate a financial services pre-tax profit margin of around 35% in the fourth quarter, and we expect our quarterly income tax rate to be approximately 24% to 24.3%.

Securities and Exchange Commission (SEC) 243

Securities and Exchange Commission (SEC) Capital Taxes Shareholders 243

The Motley Fool

DECEMBER 9, 2024

million in capital expenditures and principal repayments of finance lease liabilities, free cash flow was $34.6 Note that the non-GAAP net income per share guidance for the fourth-quarter and full-fiscal year 2025 includes a non-GAAP tax provision of approximately 20%. Operating cash flow in the third quarter was $37.4

Education 242

Education Professional Services Leveraging Accounting 242

The Motley Fool

SEPTEMBER 9, 2024

The non-GAAP tax rate for the quarter was 18.9% My EPS guidance for Q2 assumes a base tax rate of 19%. However, one-time tax could cause actual tax rates to vary. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. and be between USD 1.45

Consulting 246

Consulting Consultants Taxes Investors 246

The Motley Fool

OCTOBER 25, 2024

Note that our operating tax rate for the quarter was modestly elevated at 24.6%. And I'll provide an update on the tax rate we expect going forward when I cover our outlook in a few minutes. Lastly, we expect the tax rate to normalize for the full year in the range of 22% to 23%. Taxes post-merger can be a little complicated.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Amortization Taxes Banks 130

The Motley Fool

SEPTEMBER 4, 2024

of EPS that wasn't in our June outlook, was related to general liability claims. Predicting these claims is complex and we again increased our accrual for general liability this quarter after observing higher-than-expected costs to resolve certain claims. was attributable to the general liability adjustment, while the remaining $0.08

Liabilities 130

Liabilities Depreciation Shareholders Portfolios 130

The Motley Fool

FEBRUARY 21, 2024

So I have one on income taxes. Can you provide some more color on what is driving that large increase in income taxes? So the way that we're taxed on that income, it's primarily in the U.K. but we are subject to some withholding taxes there. Thank you for taking my question. First of all, as a U.S.

Mergers and Acquisitions 246

Mergers and Acquisitions Debt Capital Assets 246

The Motley Fool

NOVEMBER 16, 2023

The company's provision for taxes reflects a benefit of $1.5 The company believes that this method more accurately reflects the estimate of interim taxes than the annual effective tax rate method due to the mix of earnings in different tax jurisdictions and the sensitivity of small changes in ordinary income on the annual effective tax rate.

Securities and Exchange Commission (SEC) 188

Securities and Exchange Commission (SEC) Taxes Debt Resale 188

The Motley Fool

NOVEMBER 7, 2024

Our discontinued operations includes our non-hydro renewables business, including taxes and associated tax credits and $1.25 billion in net proceeds from the renewable sale after off-balance sheet construction loan obligations and other renewable liabilities are satisfied. That's around tax attributes of those projects.

Debt 130

Debt Taxes Best Practices Depreciation 130

The Motley Fool

AUGUST 2, 2024

We continue to make progress on the remaining leases and expect to have entered settlement agreements with landlords for substantially all remaining lease liabilities by the end of the year. million expense related to the remeasurement of a company's tax receivable agreement; $12.1 Adjusted net income for the second quarter was $0.7

Capital 246

Capital Taxes Debt Companies 246

The Motley Fool

APRIL 29, 2024

The increase was primarily due to higher G&A expenses this quarter, which was specifically related to an increase in employer-paid payroll taxes in connection with employee stock option exercises in the first quarter. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

Leveraging 246

Leveraging Debt Assets Capital 246

The Motley Fool

JULY 23, 2024

billion, up 14%, with the increase driven primarily by content acquisition costs, followed by depreciation, as well as the impact of the Canadian Digital Services Tax, which was applied retroactively. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

Depreciation 246

Depreciation Bidding Leveraging Liabilities 246

The Motley Fool

DECEMBER 19, 2024

We also highlight tax credit eligible vehicles and allow customers to filter searches by cars that are eligible for the used EV tax credit. I was just curious, is that building up for tax season? And yes, that's really all that is, is just built we're in production mode right now, obviously, with the upcoming tax season and all.

Leveraging 130

Leveraging Depreciation Taxes Finance 130

The Motley Fool

DECEMBER 7, 2023

Our effective tax rate for the quarter was 21.3% This lower rate is primarily due to increased benefits from federal employment tax credits and an increased benefit from rate-impacting items caused by lower earnings before taxes for the third quarter. These benefits were partially offset by a higher state effective tax rate.

Taxes 246

Taxes Shareholders Capital Returns 246

The Motley Fool

OCTOBER 25, 2024

Net income of $820 million for the third quarter of 2024 included recognition of $645 million on an after-tax basis for the increase in fair value of equity securities still held. While it is still early, we estimate our pre-tax incurred losses will total between $75 million and $125 million, net of any applicable reinsurance recoveries.

Taxes 130

Taxes Shareholders Prospects Banks 130

The Motley Fool

OCTOBER 31, 2023

Taxes, interest expense, and other was $141 million. In the fourth quarter, we expect to pay approximately $550 million in cash taxes, primarily due to previously deferred taxes from California disaster relief efforts made available by the IRS. Operating expenses were $1.7 Operating income was $1.3 compared to $0.67

Banks 246

Banks Portfolios Taxes Returns 246

The Motley Fool

OCTOBER 24, 2024

Before we review the financial performance for the quarter, the guidance we gave on our last call and past calls, specifically excluded the impact of any FX gains or losses and assumed an effective tax rate of 20%. Income tax expense, an effective rate of 20% and ex-items was $3 million for the quarter. million for the quarter.

Leveraging 130

Leveraging Debt Shareholders Taxes 130