When will the $0.4 million FTC carryforwards expire for Bw Premier Collection?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
such assets are not more likely than not to occur.
As of November 30, 2024, the Company has foreign NOL carryforwards of $15.5 million and U.S. FTC carryforwards of $0.6 million. Of the $15.5 million in foreign NOLs, $1.9 million is subject to expiration beginning in 2029, while the remaining $13.6 million is not subject to expiration and will carry forward indefinitely. The FTC carryforwards were generated in the years ended November 30, 2019, and 2020, in the amounts of $0.2 million and $0.4 million, respectively, and will expire in the ye
Source: Item 23 — Receipts (FDD pages 54–203)
What This Means (2025 FDD)
According to Bw Premier Collection's 2025 Franchise Disclosure Document, as of November 30, 2024, the company had U.S. Federal Tax Credit (FTC) carryforwards totaling $0.6 million. These FTC carryforwards were generated in two separate years. Specifically, $0.2 million was generated in the year ending November 30, 2019, and $0.4 million was generated in the year ending November 30, 2020.
The $0.2 million in FTC carryforwards generated in the year ending November 30, 2019, will expire in the year ending November 30, 2029. The $0.4 million in FTC carryforwards generated in the year ending November 30, 2020, will expire in the year ending November 30, 2030.
For a prospective Bw Premier Collection franchisee, this information is relevant because it provides insight into the company's financial management and tax planning strategies. Tax carryforwards can be a valuable asset for a company, as they can be used to reduce future tax liabilities. The expiration dates of these carryforwards are important because they indicate the timeframe within which the company must utilize these credits to realize their full benefit. Understanding these details can help a franchisee assess the financial health and stability of Bw Premier Collection.