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Investments and Income Taxes – AcSB

Date recorded:

At its meeting on March 6-7, 2019, the AcSB continued its discussion of the transitional provisions for the narrow-scope amendments to Section 3051, Investments. The Board decided that the amendments should be applied prospectively to years beginning on or after January 1, 2020. It also approved issuing the narrow-scope amendments, subject to final drafting and a written ballot. The Board plans to issue the final amendments in June 2019.

Review the Executive Summary on the AcSB's Web site.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.