Definition of Income Taxes Paid by a Corporation
The amount of income tax paid by a corporation is different from the amount of income tax (income tax provision, income tax expense) that is reported on a regular corporation's income statement .
US GAAP requires corporations to report/disclose the amount of income taxes paid (as well as the amount of interest paid ).
Example of Where the Income Taxes Paid is Reported
The amount of income taxes paid by a corporation is typically shown at the bottom of the statement of cash flows or in the corporation's notes to the financial statements.
For U.S. corporations whose stock is publicly-traded, you will find the statement of cash flows included in its Form 10-K , which is the 游戏电竞线上外围APP v5.2 annual report to the Securities and Exchange Commission (SEC).
