Company: SABR
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001597033-25-000027
Chunk: 205

Company: Sabre Corp
Filing Date: 2025-02-20
Form: 10-K
Item: Item 8
Chunk 205
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,962 $84,929 Additions for tax positions taken in the current year4,022 6,275 3,641 Additions for tax positions of prior years1,461 1,737 2,276 Reductions for tax positions of prior years(16,265)(19,466)(8,846)Reductions for tax positions of expired statute of limitations(1,134)(18,485)(2,900)Settlements(303)(4,939)(3,138)Balance at end of year$28,865 $41,084 $75,962     We present uncertain tax positions as a reduction to deferred tax assets for NOLs, similar tax loss or a tax credit carryforward that is available to settle additional income taxes that would result from the disallowance of a tax position, presuming disallowance at the reporting date. The amount of uncertain tax positions that were offset against deferred tax assets on our balance sheets was $19 million, $27 million, and $51 million as of December 31, 2024, 2023, and 2022 respectively, with remaining amounts recorded as a liability.As of December 31, 2024, 2023, and 2022, the amount of uncertain tax positions that, if recognized, would impact the effective tax rate was $25 million, $37 million, and $67 million, respectively. It is reasonably possible that $1 million in uncertain tax positions may be resolved in the next twelve months, due to statute of limitations expiration.    In the normal course of business, we are subject to examination by taxing authorities throughout the world. The following table summarizes, by major tax jurisdiction, our tax years that remain subject to examination by taxing authorities:Tax JurisdictionYears Subject to ExaminationUnited Kingdom2022 - forwardSingapore2020 - forwardIndia2003 - forwardUruguay2019 - forwardU.S. Federal2017, 2020 - forwardTexas2016 - forwardWe currently have ongoing audits in India and various other jurisdictions. We do not expect that the results of these examinations will have a material effect on our financial condition or results of operations. With few exceptions, we are no longer subject to income tax examinations by tax authorities for years prior to 2016.

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9. Credit Losses

Our allowance for credit losses relates to all financial assets, primarily trade receivables due in less than one year recorded in Accounts