What was the reported current income tax for Bimbo Foods Bakeries Distribution in 2024?
Bimbo_Foods_Bakeries_Distribution Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Income tax: | |||
| Current income tax | $7,825 | $9,462 | $9,938 |
| Deferred income tax and other items | (1,028) | (1,076) | 4,443 |
| $6,797 | $8,386 | $14,381 |
Source: Item 14 — Other Accounts Payable and Accrued Liabilities (FDD pages 312–476)
What This Means (2025 FDD)
According to Bimbo Foods Bakeries Distribution's 2025 Franchise Disclosure Document, the current income tax for 2024 was $7,825. This is part of the broader income tax figures reported in the document. The deferred income tax and other items for 2024 amounted to $(1,028), resulting in a total income tax of $6,797 for that year.
These figures provide a snapshot of Bimbo Foods Bakeries Distribution's income tax obligations and management. For a prospective franchisee, understanding these tax-related figures can offer insights into the financial health and tax strategies of the company. It's important to note that these figures are specific to the overall company and not necessarily indicative of an individual franchisee's tax liabilities.
The document also includes income tax data for 2023 and 2022, allowing for a comparative analysis of the company's tax performance over these three years. This historical perspective can be valuable in assessing the consistency and trends in Bimbo Foods Bakeries Distribution's tax management.
It is important for potential franchisees to consult with financial advisors to understand the full implications of these figures and how they might relate to their own financial planning as franchisees. While the FDD provides this data, individual tax situations can vary significantly.