Core Laboratories CLB US — Effective Income Tax Rate Reconciliation Subpart F Amount
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Where this comes from
Reported directly by Core Laboratories in its filing.
Tagged under the XBRL concept clb:EffectiveIncomeTaxRateReconciliationSubpartFAmount.
The source filing: Core Laboratories’s 10-K, filed March 21, 2026.
- Filed
- Mar 20, 2026, 9:54 PM EDT
- Fiscal year
- FY2025
- Accession
- 0001193125-26-118177
The 2025 tax expense was primarily impacted by our geographic mix of earnings, non-deductible expenses, unrecoverable tax receivables and valuation allowance on deferred tax assets. The Company is subject to Subpart F income tax, which is a tax primarily on passive income from controlled foreign corporations. In addition, the Company recognizes global intangible low-taxed income (“GILTI”). For the year ended December 31, 2025, the Company estimates approximately $23.8 million of GILTI income and $0.5 million of Subpart F income with a U.S. tax effect of $5.0 million and $0.1 million, respectively. Foreign tax credits associated with this and other foreign income of $7.8 million were offset by $4.7 million in valuation allowance for a net benefit of $3.1 million. Additionally, for the year ended December 31, 2025, the Company recorded adjustments of prior year taxes which had a tax effect of $1.9 million and $(1.8) million associated with GILTI and Subpart F income, respectively.
ITEM 16. FORM 10-K SUMMARY
FAQ
- What is Core Laboratories's US — effective income tax rate reconciliation subpart f amount?
- Core Laboratories (CLB) reported US — effective income tax rate reconciliation subpart f amount of $25K in Q4 2025.
- How has Core Laboratories's US — effective income tax rate reconciliation subpart f amount changed year-over-year?
- Core Laboratories's US — effective income tax rate reconciliation subpart f amount decreased by 94.4% year-over-year, from $450K to $25K.
- What is the long-term trend for Core Laboratories's US — effective income tax rate reconciliation subpart f amount?
- Over 2 years (2023 to 2025), Core Laboratories's US — effective income tax rate reconciliation subpart f amount has grown at a -82.0% compound annual growth rate (CAGR), from $3.1M to $100K.
- What does US — effective income tax rate reconciliation subpart f amount mean?
- This metric quantifies the impact of Subpart F income inclusions on the effective tax rate reconciliation for the US geographic segment. It captures the tax consequences of specific types of foreign-source income that are deemed distributed to US shareholders under tax regulations. Monitoring this helps assess the tax efficiency of the company's international structure relative to its domestic operations.
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