T · Earnings call · 2026Q3T · Full report
Income Tax Rate Changes
AT&T INC. · 2026-10-21 · Importance 66 · Surprise 74 · From source text
AT&T lowered its expected 2026 cash taxes to approximately $750 million from its prior outlook of $1 billion to $1.5 billion. Management attributed the reduction to continued benefits from provisions in the prior year’s One Big Beautiful Bill Act. The lower cash-tax expectation is offset against the initial outlook by higher cash interest payments and increased working-capital investment.
Key facts
- AT&T now expects full-year cash taxes of approximately $750 million, compared with its prior outlook of $1 billion-$1.5 billion, benefiting from provisions in the previous year's One Big Beautiful Bill Act.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | committed | — | AT&T now expects full-year cash taxes of approximately $750 million, compared with its prior outlook of $1 billion-$1.5 billion,… |