Accounting for Uncertainties in Income Taxes - IFRIC
At its meeting on September 6-7, 2016, the IFRIC completed its discussion of matters raised in comment letters on the draft Interpretation, Uncertainty over Income Tax Treatments. The Committee will consider whether it has completed the necessary due process steps to issue an Interpretation at a future meeting. As a separate step, the Interpretations Committee will consider interest and penalties at a future meeting.
Review the IFRIC Update on the IASB's Web site.