Other
Income Tax Reconciliation Tax Settlements
Year-over-year, this metric declined by 100.0%, from $5.75M to $0.00. Over 3 years (FY 2021 to FY 2024), Income Tax Reconciliation Tax Settlements shows a downward trend with a -100.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionOther
CategoryRisk
SignalHigher is better
VolatilityVolatile
First reportedQ1 2013
Last reportedQ4 2024Jan 28, 2025
How to read this metric
A positive settlement impact reduces tax expense, while a negative impact indicates higher-than-expected tax liabilities.
Detailed definition
This metric reflects the financial impact of resolving tax disputes or audits with taxing authorities. It captures the d...
Peer comparison
Standard disclosure in tax reconciliation notes for large, multinational enterprises.
Metric ID:
other_income_tax_reconciliation_tax_settlementsHistorical Data
4 years
| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $11.00M | $0.00 | $23.00M | $0.00 |
| YoY Change | — | -100.0% | — | -100.0% |
Range$0.00 – $23.00M
CAGR-100.0%
Avg YoY Growth-100.0%
Median YoY Growth-100.0%
Income Tax Reconciliation Tax Settlements at Other Companies
Frequently Asked Questions
- What is General Motors's income tax reconciliation tax settlements?
- General Motors (GM) reported income tax reconciliation tax settlements of $0.00 in Q4 2024.
- How has General Motors's income tax reconciliation tax settlements changed year-over-year?
- General Motors's income tax reconciliation tax settlements decreased by 100.0% year-over-year, from $5.75M to $0.00.
- What is the long-term trend for General Motors's income tax reconciliation tax settlements?
- Over 3 years (2021 to 2024), General Motors's income tax reconciliation tax settlements has grown at a -100.0% compound annual growth rate (CAGR), from $11.00M to $0.00.
- What does income tax reconciliation tax settlements mean?
- The net financial impact of finalizing tax audits or disputes with government agencies.