IASB webcasts on income tax exposure draft

  • Webcast (mid blue) Image

30 May 2009

On 3 June 2009, the IASB will host two live webcasts introducing the exposure draft (ED) Income Tax.

The ED was published on 31 March 2009, with comments due 31 July 2009. The ED proposes to replace IAS 12 Income Taxes with a new standard that retains the 'temporary difference' approach in IAS 12. The objective of that approach is to recognise now the future tax consequences of past events and transactions, rather than waiting until the tax is payable or recoverable. Although the proposed standard retains the same principle, the IASB proposes to remove most of the exceptions in IAS 12, to simplify the accounting, strengthen the principle in the standard, and restructure the standard. Details of the webcasts:
  • Webcast Topic: IASB Exposure Draft on Income Tax
  • Date: Wednesday, 3 June 2009
  • Times: 9:30am (London time) and again at 3:30pm (London time)
  • Presenters: Robert Garnett, Member of the IASB, and Anne McGeachin, Senior Project Manager


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