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What was the cash paid by Del Taco for income tax payments in 2022?

Del_Taco Franchise · 2025 FDD

Answer from 2025 FDD Document

indemnity from the Buyer. The Company has not recorded a liability for these guarantees as we believe the likelihood of making any future payments is remote.

17. SUPPLEMENTAL CONSOLIDATED CASH FLOW INFORMATION (in thousands)

| | 2024 | | 024 2023 | | 2022 | |----------------------------------------------------------------

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 58)

What This Means (2025 FDD)

According to Del Taco's 2025 Franchise Disclosure Document, the cash paid for income tax payments in 2022 was $33,819. This figure represents the actual cash outflow from Del Taco to cover its income tax obligations during that fiscal year. Franchisees should understand that this is a historical figure reflecting Del Taco's past tax payments, and future tax liabilities and payments may vary based on numerous factors, including changes in tax laws, business performance, and accounting practices.

Understanding the historical tax payments can provide a general sense of the tax burden the company has faced, but it's crucial to recognize that this number is subject to change. For instance, significant business changes, such as the acquisition by Jack in the Box, could influence future tax strategies and liabilities. Additionally, any carryforwards or deferred tax assets, as mentioned in the document, can impact the amount of cash paid for income taxes in subsequent years.

Prospective franchisees should consult with financial advisors to understand the potential tax implications of investing in a Del Taco franchise. While the FDD provides historical financial data, it is essential to conduct thorough due diligence and consider how current and future tax laws might affect the profitability of the franchise. This includes understanding how the company's tax strategies and any potential tax benefits or liabilities could impact the franchisee's financial situation.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.