For which years did City Publications perform its evaluation of uncertain tax positions?
City_Publications Franchise · 2025 FDDAnswer from 2025 FDD Document
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Estimated Recognition of Deferred Franchise Fees
Estimated revenues and franchise acquisition costs to be recognized in future periods related to deferred franchise fees reported as of December 31, 2024, is as follows:
| Non-refundable Franchise Fees | ||
|---|---|---|
| Year ending December 31: | ||
| 2025 | $ | 29,393 |
| 2026 | 22,613 | |
| 2027 | 17,940 | |
| 2028 | 11,880 | |
| $ | 81,826 |
NOTE 3 – RELATED PARTY TRANSACTIONS
During the year ended December 31, 2024, 2023, and 2022, the Company provided management and advertising services the Company's
Source: Item 23 — RECEIPT (FDD pages 39–129)
What This Means (2025 FDD)
The 2025 City Publications Franchise Disclosure Document does not explicitly state the specific years for which City Publications performed its evaluation of uncertain tax positions. However, Note 3 within Item 23 references financial information from the years ended December 31, 2022, 2023, and 2024 regarding related party transactions.
Specifically, this note details the management and advertising services provided by City Publications to its affiliate HHCI, along with the amounts for each of the three years. It also mentions the advances made to support affiliate operations during those years and the outstanding balances as of December 31, 2023, and 2024.
While this note provides financial data for these years, it does not directly confirm that the evaluation of uncertain tax positions was conducted for these specific periods. To obtain this information, a prospective franchisee should directly ask City Publications for clarification on the years covered by their evaluation of uncertain tax positions.