Deloitte comment letter on International Tax Reform — Pillar Two Model Rules

Published on: 10 Mar 2023

Deloitte Touche Tohmatsu Limited is pleased to respond to the International Accounting Standards Board’s (“the IASB”) Exposure draft International Tax Reform—Pillar Two Model Rules (“the ED”).

We welcome the responsiveness of the IASB in issuing this ED to provide a temporary exception to the accounting for deferred taxes arising from the implementation of the Pillar Two model rules and support finalisation of the proposed amendments without delay. 

We agree that the proposals in the ED provide a reasonable solution to an urgent situation but have highlighted areas where further clarification would be useful as long as it does not hinder prompt finalisation of the project.

Download the full comment letter below.

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