Company: RSKD
Filing Date: 2025-03-06
Form Type: 20-F
Source: 0001851112-25-000006
Chunk: 228

Company: RISKIFIED LTD.
Filing Date: 2025-03-06
Form: 20-F
Item: Item 19
Chunk 228
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 2,677)             
  Total deferred income tax expense      195                                     ( 16)                  ( 2,677)             
  Total provision for income taxes       $                            6,419      $           5,798      $             6,042  

A reconciliation of our statutory income tax expense to our effective income tax provision is as follows:

                                            Year Ended December 31,                                                                        
                                            2024                                       2023                       2022                     
                                            (in thousands)                                                                                 
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Israel tax benefit at statutory rate      $                            ( 6,556)      $           ( 12,245)      $             ( 22,528)  
  Preferred enterprise                      ( 85)                                                      1,652                       10,573  
  Foreign rate differential                 ( 448)                                     ( 785)                     ( 1,050)                 
  Share-based compensation                                                  6,178                      8,158                        9,717  
  Prior year tax income/(expense)           11                                         ( 302)                     ( 6,675)                 
  Permanent differences                     870                                        587                        ( 3,351)                 
  Uncertain tax position                                                    6,615                      5,772                        7,233  
  Change in valuation allowance             ( 166)                                                     2,961                       12,123  
  Total                                     $                               6,419      $               5,798      $                 6,042  

Our effective tax rate was ( 22.52 10.89 6.12 22.52 10.89 6.12

F-34

RISKIFIED LTD.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

positions, change in valuation allowances, prior period adjustments and other permanent differences in Israel and in our U. S. subsidiary.

The provision for income taxes was $ 6.4 5.8 6.0

Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes.

The following table presents the significant components of our deferred tax assets and liabilities:

                                             Year Ended December 31,                                                                           
                                                                2024                         2023                         2022                 
                                                      (in thousands)                                                                           
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