Tax

Prior Year Tax Adjustments

American International Group Prior Year Tax Adjustments remained flat by 0.0% to 1.6% in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 138.0%, from -4.1% to 1.6%. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionTax
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ4 2024Feb 12, 2026

How to read this metric

Frequent or large adjustments may signal uncertainty in tax reporting or aggressive prior-year tax positions.

Detailed definition

Captures adjustments made to the current period's tax provision to correct or update estimates related to prior fiscal y...

Peer comparison

Commonly disclosed in tax footnotes for large, complex organizations.

Metric ID: cat_prior_year_tax_adjustments

Historical Data

3 years
 FY'22FY'23FY'24
Value0%-16.3%6.2%
YoY Change+138.0%
Range-16.3%6.2%
Avg YoY Growth+138.0%
Median YoY Growth+138.0%

Frequently Asked Questions

What is American International Group's prior year tax adjustments?
American International Group (AIG) reported prior year tax adjustments of 1.6% in Q4 2024.
How has American International Group's prior year tax adjustments changed year-over-year?
American International Group's prior year tax adjustments increased by 138.0% year-over-year, from -4.1% to 1.6%.
What does prior year tax adjustments mean?
Tax corrections or updates related to previous years' filings.