Taxes Payable (SF.CF.TaxesPayable)
Taxes Payable (SF.CF.TaxesPayable) is the change in taxes payable over the period.
An increase in income tax payable positively impacts the cash flow from operating activities while a decrease in income tax payable negatively impacts the cash flow from operations.
Taxes Payable (SF.CF.TaxesPayable) includes:
- Changes in accrued income taxes
- Changes in sales/VAT/excise taxes payable
- Changes in payroll taxes payable