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  • IFRS Bulletin 2017-08

IFRS Bulletin 2017-08

03 August 2017

Original content provided by BDO Switzerland


In June 2017, the IASB issued IFRIC Interpretation 23 Uncertainty over Income Tax Treatments.

The Interpretation clarifies how to apply the recognition and measurement requirements in IAS 12 Income Taxes when there is uncertainty over income tax treatments, addressing four specific issues

  • Whether an entity considers uncertain tax treatments separately;
  • The assumptions an entity should make about the examination of tax treatments by taxation authorities;
  • How an entity determines taxable profit or loss, tax bases, unused tax losses, unused tax credits and tax rates; and
  • How an entity considers changes in facts and circumstances

This IFRB summarises the requirements of IFRIC 23.


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