Company: LBTYK
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001570585-25-000021
Chunk: 140

Company: Liberty Global Ltd.
Filing Date: 2025-02-18
Form: 10-K
Item: Item 9C
Chunk 140
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 are subject to tax in their respective jurisdictions. Our subsidiaries file income tax returns in the U.S., the U.K. and a number of other European jurisdictions. The income taxes of Liberty Global and our subsidiaries are presented on a separate return basis for each tax-paying entity or group.The components of our earnings (loss) from continuing operations before income taxes are as follows: Year ended December 31, 202420232022 in millionsU.K.$1,936.6 $(2,899.5)$(516.2)Netherlands(190.9)(833.7)208.4 Bermuda156.8 (0.9)— Belgium131.3 653.9 1,000.4 Luxembourg(54.0)(195.6)505.4 U.S.(16.6)(4.7)5.9 Ireland(0.4)(16.6)178.3 Intercompany activity with discontinued operations(117.6)(139.6)(197.5)Other(6.9)(9.3)(6.3)Earnings (loss) from continuing operations before income taxes$1,838.3 $(3,446.0)$1,178.4 

II-97

LIBERTY GLOBAL LTD.Notes to Consolidated Financial Statements — (Continued)December 31, 2024, 2023 and 2022

Our income tax benefit (expense) consists of:CurrentDeferredTotal in millionsYear ended December 31, 2024:U.S. (a)$72.3 $5.8 $78.1 Belgium(92.8)25.5 (67.3)U.K.— 8.0 8.0 Netherlands(2.0)7.1 5.1 Ireland1.4 3.6 5.0 Luxembourg(0.8)2.9 2.1 Other(0.4)0.2 (0.2)Total income tax benefit$(22.3)$53.1 $30.8 Year ended December 31, 2023:Belgium$(100.9)$(64.9)$(165.8)U.S. (a)(68.0)(28.4)(96.4)Luxembourg— 44.3 44.3 Ireland3.