Accounting for Uncertainties in Income Taxes - IFRIC

Date recorded:

At its meeting on November 8, 2016, the IFRIC reviewed the due process steps taken in the development of the Interpretation. It concluded that the necessary due process for the project had been completed and gave the staff permission to start the balloting process. The Committee also tentatively decided that the effective date of the Interpretation will be January 1, 2019, with earlier application permitted. The IASB is expected to ratify the Interpretation in the second quarter of 2017.

Review the IFRIC Update on the IASB'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.