This release is designed to help multinationals stay aware of tax accounting and regulatory developments under US GAAP and IFRS, whilst providing technical guidance on challenging tax accounting areas.
The topics featured in this edition are among others:
- recent activity of the Financial Accounting Standards Board and the International Financial Reporting Standards Interpretation Committee
- proposed amendments related to the new revenue standard
- tax transparency initiatives around the world
- significant tax law and tax rate changes around the globe
- accounting for income taxes associated with partnerships and other ‘flow-through’ entities
The newsletter can be consulted here.