What was the U.S. Federal current income tax expense for Burger King in 2023?
Burger_King Franchise · 2025 FDDAnswer from 2025 FDD Document
ating Leases Finance Leases Operating Leases 2025 $ 7 $ 324 $ 52 $ 299 2026 7 297 49 286 2027 7 272 43 271 2028 7 242 42 254 2029 6 212 34 233 Thereafter 71 946 211 1,332 Total minimum receipts / payments $ 105 $ 2,293 431 2,675 Less amount representing interest (110) (712) Present value of minimum lease payments 321 1,963 Current portion
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 109–124)
What This Means (2025 FDD)
According to Burger King's 2025 Franchise Disclosure Document, the U.S. Federal current income tax expense for 2023 was $77. This figure represents the current income tax obligations of Burger King to the U.S. Federal government for that year.
For a prospective franchisee, understanding Burger King's tax obligations can provide insight into the overall financial health and stability of the company. While franchisees are responsible for their own business's tax liabilities, the financial performance of the parent company can affect brand perception and the resources available for franchisee support.
It's important to note that this figure only represents the U.S. Federal current income tax expense and does not include other tax categories such as Canadian, U.S. state, or other foreign income taxes. Additionally, this is just one component of Burger King's overall financial performance, and prospective franchisees should consider all aspects of the company's financial statements when making their investment decision.