Deloitte comment letter on discussion paper on income taxes
Jun 15, 2012
Deloitte's IFRS Global Office has submitted a letter of comment responding to the European Financial Reporting Advisory Group's (EFRAG's) and the UK Accounting Standards Board's (ASB's) Discussion Paper, Improving the Financial Reporting of Income Tax.
In the comment letter, we agree with the discussion paper's observation that a focus on user needs when re-assessing financial reporting of income taxes, such as the need for additional clarity on current and likely future tax payments, should be a central consideration.
Click for a full summary and our comment letter on the EFRAG's discussion paper.
