Report on the European outreach event on the discussion paper 'Improving Financial Reporting of Income Tax' in Amsterdam
29 May 2012
The European Financial Reporting Advisory Group (EFRAG) has posted to its website a feedback statement reflecting input received in the EFRAG - UK ASB event on the discussion paper 'Improving Financial Reporting of Income Tax' held on 17 April 2012 in Amsterdam.
The outreach event was part of a series of events held in various European cities in order to hear what practitioners and others thought about the topics considered in the discussion paper on improving the financial reporting of income tax (published in December 2011).
Since EFRAG had deliberately not taken a position in the discussion paper but rather attempted to provide a comprehensive analysis of the issues in order to stimulate a debate in Europe, the discussion was very open and comprehensive.
Please click for access to the report on the EFRAG website. Reports from the other outreach events of the series are currently also being made available. Please click for the report from the London outreach event held on 16 April 2012.
The input received during the outreach events and the comment letters on the discussion paper will form the basis for EFRAG’s re-deliberation of the issues. EFRAG will then decide about what further steps need to be taken before putting forward views to the IASB.
