Financial Reporting Alert 23-1, Emerging ASC 740 Issue Related to OECD Pillar Two

Published on: 01 Feb 2023

This Financial Reporting Alert discusses ASC 740 accounting considerations related to tax laws that conform to the “Pillar Two” rules developed by the Organisation for Economic Co-operation and Development (OECD), which include establishing a global minimum corporate tax rate of 15 percent.


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Correction list for hyphenation

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