Arcadis : Change US tax rule results in unexpected cash tax out
>Material unexpected tax cash out in 2023 - An extensive review of a US tax law change (amended section 174 of the US Tax Cuts and Jobs Act, effective 1 January 2022), now also including DPS, has resulted in Arcadis having to pay $106m (or €97m) in 2023 with the regime change also resulting in higher effective tax cash outs (but substantially more modest) for the period 2024-2026. This was announced by Arcadis in the consensus compilation request (sent around last nig...Arcadis NV is a global asset design and consultancy company. The Company is engaged in providing consultancy, design, engineering and management services in the area of infrastructure, water, environment and buildings. The Company's segments include Americas; Europe and Middle East; Asia Pacific, and CallisonRTKL. Its business lines include infrastructure, water, environment and buildings. Infrastructure business line focuses on sustainable infrastructure solutions for transportation by road, rail, air and over water, and creating reliable energy supply systems. The Company is an environmental solutions provider to private industry, and delivers projects that protect the earth's resources. It offers water supply, treatment, management and conveyance solutions. The Company also offers contract solutions, master planning and sustainable urban development, commercially led program management, business advisory, data analysis and architecture and design solutions.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.