IAS 12 Estonian Dividend Tax

Date recorded:


The IFRIC considered whether the tax on dividends under Estonian Income Tax Law should be recognised:

(a) in profit or loss, in accordance with paragraphs 52A and 52B of IAS 12 Income Taxes; or

(b) directly in equity, in accordance with paragraph 65A of IAS 12.


Decision not to add

July 2004



IFRIC members expressed concern about taking onto its agenda a request to interpret a specific tax system, particularly as the features of the Estonian tax system are not particularly widespread or pervasive throughout the world.  IFRIC members also noted that the Board of the IASC discussed the Estonian tax system during deliberations of amendments to IAS 12 in 2000.


IFRIC reference: IAS 12

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