This quarterly update discusses developments related to the accounting for income taxes. It includes:
- Legislative changes—January 1, 2012, to March 31, 2012
- Federal and provincial/territorial bills—tabled or received royal assent in 2012; or tabled before 2012, but did not receive royal assent before 2012
- Corporate income tax rates—accounting status (January 1, 2009, to March 31, 2012)
- Background—determining the accounting status of income tax changes
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