Statement of Financial Condition
UBS Securities LLC
Notes to the Statement of Financial Condition (continued)
(In Thousands)
16. Income Taxes (continued)
The Company files U.S. federal, state and local income tax returns as a partnership. As of
December 31, 2021, the Company is under examination by the Internal Revenue Service ("IRS")
for the tax years 2015 through 2018. The 2019 and 2020 tax years are open for examination. For
New York City UBT purposes, tax years 2018 through 2020 are open to examination. The
Company files Canadian corporate tax returns and tax years 2017 through 2020 are open for
examination.
In the next twelve months, the Company believes that there will be no material changes to
unrecognized tax benefits.
17. Subsequent Event
The Company has evaluated its subsequent event disclosure through the date that the Company's
statement of financial condition was issued and has determined that there are no events that
would have a material impact on the statement of financial condition.
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