Amendments to IAS 12 Deferred Tax related to Assets and Liabilities arising from a Single Transaction
- Completed
- Published in the Official Journal
- Juan Jose Gomez de la Calzada, Fredré Ferreira
Description
The IASB issued Deferred Tax related to Assets and Liabilities arising from a Single Transaction (Amendments to IAS 12) on 7 May 2021. The effective date is for annual periods beginning on or after 1 January 2023, with earlier application permitted.
On 21 May 2021, the European Commission issued a letter requesting advice on the endorsement of the Amendments.
On 14 July 2021, EFRAG published its draft endorsement advice which was open for comment until 30 September 2021.
Documents
Project news
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01/12/2021 - EFRAG’S Endorsement Advice on Deferred Tax Related to Assets and Liabilities arising from a Single Transaction (Amendments to IAS 12)
EFRAG has completed its due process regarding Deferred Tax related to Assets and Liabilities arising from a Single Transaction (Amendments to IAS 12) and has submitted its Endorsement Advice Letter to the European Commission.
The Endorsement Advice Letter to the European Commission can be found here. -
14/07/2021 - EFRAG seeks comments on its draft endorsement advice on Amendments to IAS 12
EFRAG is consulting on both its assessment of Deferred Tax related to Assets and Liabilities arising from a Single Transaction (Amendments to IAS 12) (‘the Amendments’) against the technical criteria in the EU and on its assessment of whether the Amendments are conducive to the European public good. Comments are requested by 30 September 2021.
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14/11/2019 - EFRAG final comment letter on the IASB exposure draft ED/2019/5 Deferred Tax Related to Assets and Liabilities Arising from a Single Transaction - Proposed amendments to IAS 12
EFRAG has published its final comment letter in response to the IASB's Exposure Draft ED/2019/5 Deferred Tax Related to Assets and Liabilities Arising from a Single Transaction - Proposed amendments to IAS 12.
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13/09/2019 - EFRAG draft comment letter on the IASB exposure draft ED/2019/5 Deferred Tax Related to Assets and Liabilities Arising from a Single Transaction - Proposed amendment to IAS 12
EFRAG has published its draft comment letter in response to the IASB's Exposure Draft ED/2019/5 Deferred Tax Related to Assets and Liabilities Arising from a Single Transaction - Proposed amendments to IAS 12 and seeks constituents' views on the proposals. Comments are requested by 25 October 2019.
