This release is designed to help multinationals stay aware of tax accounting and regulatory developments under US GAAP and IFRS, whilst providing some technical guidance on challenging tax accounting areas.
The topics featured in this edition are amongst others:
- The Financial Accounting Standards Board’s exposure draft on tax accounting for stock compensation
The status of the new revenue standard
The OECD’s package of measures for the implementation of a new country-by-country reporting plan, including model legislation
Significant tax law and tax rate changes around the globe
Accounting for income taxes associated with foreign branch operations – traditionally a complicated area of tax accounting.
The newsletter can be consulted here.