What was the deferred tax asset amount related to payroll for Crepe De Licious?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
| Deferred income tax asset | $ 7,800 | $ 9,300 | |
|---|---|---|---|
| Deferred income tax liability | (500) | (7,300) | |
| Total net deferred income tax asset | $ 7,300 | $ 2,000 |
Source: Item 23 — RECEIPTS (FDD pages 57–233)
What This Means (2025 FDD)
Based on the 2025 FDD, the specific deferred tax asset amount related to payroll for Crepe De Licious is not explicitly disclosed. However, the FDD does provide information on the total deferred income tax asset.
The provided excerpt from Item 23 shows a table that includes a line item for "Deferred income tax asset" with values for two periods. The deferred income tax asset is listed as $2,000 for one period, but the other period has a dash, indicating no value.
While the FDD mentions that temporary differences give rise to deferred tax assets and liabilities, and that these consist primarily of credit loss expense, depreciation, and lease expense, it does not break down the deferred tax asset into specific components such as those related to payroll. A prospective franchisee should seek clarification from Crepe De Licious regarding the specific components of the deferred tax assets and liabilities, including any portion attributable to payroll-related items, to gain a clearer understanding of the company's financial structure.