Company: PLDGP
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000950170-25-021272
Chunk: 525

Company: Prologis, Inc.
Filing Date: 2025-02-14
Form: 10-K
Item: Item 1
Chunk 525
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 follows (in thousands):  

        U.S.

        Europe

        Mexico

        Japan

        Other

        Gross NOL carryforward
        $
        81,637

        $
        559,070

        $
        240,939

        $
        54,200

        $
        34,157

        Tax-effected NOL carryforward
         
        21,093

        150,434

        75,429

        8,036

        8,605

        Valuation allowance
         
        21,093

        140,453

        75,429

        8,036

        8,605

        Net deferred tax asset – NOL carryforward
        $
        -

        $
        9,981

        $
        -

        $
        -

        $
        -

        Expiration periods
        2025 – 2044

        2025 – indefinite

        2025 – 2034

        2025 – 2034

        2025 – indefinite

       The deferred tax asset valuation allowance at December 31, 2024, was adequate to reduce the total deferred tax asset to an amount that we estimate will more likely than not be realized. 

89

 Liability for Uncertain Tax Positions During the years ended December 31, 2024, 2023 and 2022, we believe that we had complied with the REIT requirements of the IRC. The statute of limitations for our global tax returns is generally three to five years. As such, our tax returns that remain subject to examination would be primarily from 2019 and thereafter. During the year ended December 31, 2024, we recognized a $20.7 million liability for uncertain tax positions related to proposed settlements. Liabilities or any related settlements for uncertain tax positions for the years ended December 31, 2023 and 2022 were not material to our Consolidated Financial Statements.

NOTE 14. EARNINGS PER COMMON SHARE OR UNIT We determine basic earnings per share or unit based on the weighted average number of shares of common stock or units outstanding during the period. We compute diluted earnings per share or unit based on the weighted average number of shares or units outstanding combined with the incremental weighted average effect from all outstanding potentially dilutive instruments. The computation of our basic and diluted earnings per share and unit for the years ended December 31 was as