MORGAN STANLEY
For the period ended Mar 31, 2025. Filed May 5, 2025.
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Mar 31, 2025 · Filed May 5, 2025
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18. Income Taxes
- Income Taxes
The Firm is routinely under examination by the IRS and other tax authorities in certain countries, such as Japan and the U.K., and in states and localities in which it has significant business operations, such as New York.
The Firm believes that the resolution of these tax examinations will not have a material effect on the annual financial statements, although a resolution could have a material impact in the income statement and on the effective tax rate for any period in which such resolutions occur.
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