Birdwatch Note Rating
2024-03-03 14:37:48 UTC - NOT_HELPFUL
Rated by Participant: 270D467521E5A7A0E2FEBCD6FE2BEB3FB9E65DCE0033D209F296B3ED6D9C9BDA
Participant Details
Original Note:
While Target did not pay current tax, they set aside $638M for deferred taxes to be paid in the future. The difference stems from differences in how Target calculates income versus the IRS. In terms of cash flow, Target paid $213M in taxes (see page 40 of the 10-K) https://corporate.target.com/getmedia/47558ecc-2461-437f-894b-0f8533dd704c/2022-Target-Annual-Report.pdf https://www.investopedia.com/terms/d/deferredincometax.asp
All Note Details