Company: FCRX
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000950170-25-023153
Chunk: 645

Company: Crescent Capital BDC, Inc.
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 645
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 Unrealized Depreciation

        (100,760
        )

        (57,314
        )

        Net Unrealized Investment Appreciation (Depreciation)
         
        $
        (60,121
        )
         
        $
        (56,940
        )
       
       The Company recognized the following income taxes related to Taxable Subsidiaries and excise taxes related to the Company’s status as a RIC: 

        For the years ended December 31,

        2024

        2023

        2022

        Income tax (benefit) provision

        $
        155

        $
        -

        $
        -

        Excise tax (benefit) provision

        1,400

        1,307

        155

        Provision (benefit) for income and excise taxes

        $
        1,555

        $
        1,307

        $
        155

      As of December 31, 2024, and 2023, $1,408 and $1,296 of accrued income and excise taxes remained payable.The Company recognized the following benefits (provisions) for taxes on realized and unrealized appreciation and depreciation on investments: 

        For the years ended December 31,

        2024

        2023

        2022

        Benefit (provision) for taxes on realized gain on   investments

        $
        -

        $
        132

        $
        (911
        )

        Benefit (provision) for taxes on unrealized appreciation   (depreciation) on investments

        464

        901

        105

        Benefit (provision) for taxes on realized and unrealized   appreciation (depreciation) on investments

        $
        464

        $
        1,033

        $
        (806
        )
       
       As of December 31, 2024, and 2023, $746 and $114, respectively, was included in deferred tax assets on the Consolidated Statements of Assets and Liabilities relating to net operating loss carryforwards and unrealized losses on investments and other temporary book to tax differences that are expected to be used in future periods. As of December 31, 2024, and 2023, $746 and $578, respectively, was included in deferred tax liabilities on the Consolidated Statements of Assets and Liabilities