iGAAP in Focus — Financial reporting — IASB amends IAS 12 to introduce a temporary exception from accounting for deferred taxes arising from OECD Pillar Two model rules
Published on:
28 May 2023
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On 23 May 2023, the IASB published International Tax Reform — Pillar Two Model Rules (Amendments to IAS 12) to respond to stakeholders’ concerns about the potential implications of the imminent implementation of the OECD pillar two model rules on the accounting for income taxes.
This newsletter outlines the amendments.
