What was the total amount of U.S. state taxes paid by Even Hotels in 2023?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current: | |||
| U.S. federal | $ 234,070 | $ 182,588 $ 141,335 | |
| U.S. state | 85,046 | 69,416 | 43,605 |
| Foreign taxes | 15,655 | 16,175 | 11,838 |
| Total current | 334,771 | 268,179 | 196,778 |
| Deferred | (75,356) | (32,613) | (27,204) |
| Total | $ 259,415 | $ 235,566 $ | 169,574 |
Source: Item 23 — RECEIPTS (FDD pages 99–438)
What This Means (2025 FDD)
According to Even Hotels' 2025 Franchise Disclosure Document, the company paid $69,416 in U.S. state taxes in 2023. This figure is part of the broader overview of the company's tax obligations, which also includes federal and foreign taxes. Franchisees should be aware of how these tax payments reflect on the overall financial health and stability of Even Hotels.
The FDD provides a comparative view of these tax payments over three years, from 2022 to 2024, allowing potential franchisees to assess trends in the company's tax liabilities. This information is crucial for understanding the financial obligations Even Hotels faces and how these obligations might affect the franchise system. The document also details deferred tax amounts, which can further impact the company's financial performance.
Understanding the tax structure and payments made by Even Hotels can help a prospective franchisee evaluate the financial stability and potential risks associated with investing in the franchise. It is important to review these figures in the context of the company's overall financial statements to gain a comprehensive understanding of its financial health. This information is typically found in Item 21 of the FDD.