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Timely information on tax accounting related developments including significant federal, state, local, and foreign legislative developments, plus implications under IFRS


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Keep in the know - December 2016 major tax law changes

Summary of major tax law changes that occurred around the world in December 2016
 

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Around the world: When to account for tax law changes

Keeping track of tax law changes around the world has increasingly become a challenge for businesses. Companies are rapidly expanding their geographic footprint at a time when the evolution and developments in jurisdictional tax laws are undergoing nearly constant change. Naturally, changes in tax law have an impact on tax planning, tax return preparation and, ultimately, tax cash flows. Those consequences, however, are often preceded by the impact of such changes on company financial reporting.

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