Accounting- and reporting-related updates
- Revised exposure draft on leases
- IFRIC 21 Levies
- Tax transparency and country-by-country reporting
- FASB ratifies consensus on netting unrecognised tax benefits against loss or other tax carryforward assets
Recent and upcoming major tax law changes and the tax accounting implications
- Some tax rate changes
- Other important considerations in tax law changes
Tax accounting refresher
- Tax incentives designed to promote research and development/ Investment tax credits
- Timing
- Grant accounting
- Special deduction vs. reduced tax rate
Donwload the pdf: Global tax accounting April – June 2013
