Tax accounting insights

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

Tax accounting insights

Tax accounting retrospective: February to June 2015

7/14/15
 
  • Tax accounting insights
    Tax accounting retrospective: February to June 2015

    7/14/15 | Tax accounting services

    As part of our continued effort to help organizations navigate through the complexity of today’s tax accounting issues, we've assembled a compilation of our Tax Accounting Services’ publications released between February and June 2015.

  • Tax accounting insights
    Global Tax Accounting Services Newsletter: Income tax accounting and reporting developments (April - June 2015)

    7/7/15 | Tax accounting services

    Designed to help multinationals stay aware of tax accounting and regulatory developments under US GAAP and IFRS, whilst providing technical guidance on challenging tax accounting areas.

  • Tax accounting insights
    FASB proposes changes to stock compensation accounting

    6/24/15 | Human resource services

    FASB released proposed changes to improve accounting for stock compensation that if finalized will have a major impact.

  • Tax accounting insights
    SEC proposes rules on pay versus performance disclosures

    6/24/15 | Human resource services

    SEC proposal requires many US registrants to disclose relationship between executive pay and financial performance.

  • Tax accounting insights
    Around the world: When to account for tax law changes

    4/20/15 | Tax accounting services

    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.

  • Tax accounting insights
    Financial reporting implications of new UK diverted profits tax

    4/16/15 | Tax accounting services

    Financial reporting implications of new UK diverted profits tax

  • Tax accounting insights
    Global Tax Accounting Services Newsletter (January - March 2015)

    4/9/15 | Tax accounting services

    Designed to help multinationals stay aware of tax accounting and regulatory developments.

  • Tax accounting insights
    Tax accounting retrospective: July to January 2015

    2/17/15 | US tax services

    As part of our continued effort to help organizations navigate through the complexity of today’s tax accounting issues, we've assembled a compilation of our Tax Accounting Services’ publications released between July 2014 and January 2015.

  • Tax accounting insights
    Tax Accounting Services: FASB decides to propose changes to stock compensation tax accounting

    2/6/15 | US tax services

    FASB decides to propose changes to stock compensation tax accounting (February 2015).

  • Tax accounting insights
    Accounting for Income Taxes: 2014 Year-end Hot Topics

    1/13/15 | Tax accounting services

    Accounting for income taxes has seen legislative and regulatory changes in the United States and abroad in 2014. These developments, combined with an environment of political and economic uncertainty, have added to the existing challenges in accounting for income taxes.

  • Tax accounting insights
    Share-based compensation: understanding the tax accounting

    12/4/14 | Tax accounting services

    In this insight we provide a refresher of the tax accounting guidance for share-based compensation under US GAAP and IFRS

  • Tax accounting insights
    FASB decides to propose changes to income tax accounting

    10/27/14 | Tax accounting services

    During its meeting on October 22, 2014, the FASB agreed to issue an exposure draft related to two tax accounting topics.

  • Tax accounting insights
    FASB adds stock compensation tax accounting topics to its agenda

    10/10/14 | Tax accounting services

    FASB adds stock compensation tax accounting topics to its agenda.

  • Tax accounting insights
    Global Tax Accounting Services Newsletter (July – September 2014) - follow recent global accounting and reporting developments

    10/8/14 | Tax accounting services

    In this release we discuss a variety of global accounting, reporting and tax law developments in the quarter ended September 30, 2014.

  • Tax accounting insights
    FASB discusses income tax accounting for stock compensation

    9/12/14 | Tax accounting services

    During its meeting on September 10, 2014, the FASB preliminarily discussed whether to add income tax accounting for stock compensation to its Simplification agenda.

  • Tax accounting insights
    FASB adds income tax accounting topics to its agenda

    8/18/14 | Tax accounting services

    FASB adds income tax accounting topics to its agenda (August 2014).

  • Tax accounting insights
    Tax accounting retrospective (January - June 2014)

    8/6/14 | Tax accounting services

    As part of our continued effort to help organizations navigate through the complexity of today's tax accounting issues, we've assembled a compilation of our Tax Accounting Services' publications released between January 2014 and June 2014.

  • Tax accounting insights
    Global Tax Accounting Services Newsletter (April– June 2014) - follow recent global accounting and reporting developments

    7/23/14 | Tax accounting services

    In this release we discuss a variety of global accounting, reporting and tax law developments in the quarter ended June 30, 2014.

  • Tax accounting insights
    Global Tax Accounting Services Newsletter (January–March 2014)

    4/30/14 | Tax accounting services

    In this release we discuss a variety of global accounting, reporting and tax law developments in the first quarter of 2014, and the related tax accounting considerations.

  • Tax accounting insights
    New York tax reform: Tax accounting considerations

    4/11/14 | Tax accounting services

    On March 31, 2014, New York Governor Andrew Cuomo signed the state’s fiscal year 2014-2015 (FY 14-15) executive budget legislation.

  • Tax accounting insights
    Global Tax Accounting Services Newsletter (October-December 2013)

    2/21/14 | Tax accounting services

    In this release we discuss a variety of global accounting, reporting and tax law developments and the related tax accounting considerations.

  • Tax accounting insights
    Tax accounting retrospective (July - December 2013)

    1/28/14 | Tax accounting services

    As part of our continued effort to help organizations navigate through the complexity of today’s tax accounting issues, we’ve assembled a compilation of our Tax Accounting Services’ publications released between July 2013 and December 2013.

  • Tax accounting insights
    Around the world: When to account for tax law changes

    1/21/14 | Tax accounting services

    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.

  • Tax accounting insights
    How will recently expired US tax provisions affect your financial statements?

    1/20/14 | Tax accounting services

    How will recently expired US tax provisions affect your financial statements? Tax Accounting Considerations for Expired Tax Provisions

  • Tax accounting insights
    2014 Mexican tax reform package

    1/7/14 | Tax accounting services

    Tax accounting considerations of the 2014 Mexican tax reform package.

  • Tax accounting insights
    Global Tax Accounting Services Newsletter (July to September 2013)

    12/23/13 | Tax accounting services

    In this release we discuss a variety of accounting and regulatory updates. We also draw your attention to some significant tax law and tax rate changes during the quarter ended 30 September 2013 and some important tax accounting considerations for mergers and acquisition transactions.

  • Tax accounting insights
    Income tax disclosure

    12/16/13 | Tax accounting services

    Numerous income tax accounting matters require the use of estimates, judgments, and other subjective information that can obscure the presentation in the financial statement accounts. Clarifying disclosures can enable users to gain a better understanding of the reporting entity’s income tax environment.

  • Tax accounting insights
    Financial Accounting Foundation completes review of accounting for income taxes

    12/4/13 | Tax accounting services

    Financial Accounting Foundation (FAF) completed its post-implementation review of Financial Accounting Standards Board Statement No. 109, Accounting for Income Taxes (FAS 109) (codified in Accounting Standards Codification Topic 740, Income Taxes).

  • Tax accounting insights
    Patent box and technology incentives: Tax and financial reporting considerations

    8/22/13 | Tax accounting services

    This publication discusses key tax and financial reporting considerations of patent box regimes and other technology incentives.

  • Tax accounting insights
    Revised exposure draft on leases may have significant tax accounting, state tax, and systems implications

    7/25/13 | Tax accounting services

    The FASB and the IASB issued a revised exposure draft on leases. Although the tax law regarding the treatment of leasing transactions remains unchanged, taxpayers should consider how the Exposure Draft will impact the computation of federal and state taxable income and deferred income tax assets and liabilities associated with their leases.

  • Tax accounting insights
    FASB ratifies consensus on netting unrecognized tax benefits against loss or other tax carryforward assets

    6/26/13 | Tax accounting services

    The FASB ratified the accounting guidance proposed by the EITF consensus for Issue 13-C, Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists. We expect the final Accounting Standards Update (ASU) to be issued within the next few weeks.

  • Tax accounting insights
    Tax accounting implications of new French wage tax credit

    5/3/13 | Tax accounting services

    The new French legislation to encourage investment and create jobs will impact financial statement accounting.

  • Tax accounting insights
    Foreign currency tax accounting

    10/18/12

    This publication addresses key considerations in applying U.S. GAAP with respect to foreign currency income tax reporting. It is designed to be a reference guide to explore tax accounting for foreign currency. It begins with the “basics” and relevant areas of focus when applying Accounting Standards Codification (ASC) 830, Foreign Currency Matters, and also discusses the application of ASC 740, Accounting for Income Taxes, to foreign currency.

  • Tax accounting insights
    Deferred taxes on foreign earnings: A road map

    9/6/12 | Tax accounting services

    Asserting indefinite reinvestment traditionally has been a widespread practice among multinational businesses. A majority of large companies make the assertion with respect to much, if not all, of their foreign earnings. To assist organizations in making this assertion, PwC has refreshed this publication (originally released in December of 2010).

  • Tax accounting insights
    Goodwill impairment testing: Tax considerations

    4/15/12 | Tax accounting services

    Goodwill impairment testing continues to be a challenging and complex area of practice. As companies perform goodwill assessments, tax considerations can play a critical role in the final conclusions. To assist you with your goodwill impairment testing, PwC has refreshed our Goodwill Impairment Testing: Tax Considerations publication (originally released in December 2009).

  • Tax accounting insights
    Key areas of focus when accounting for income taxes during interim periods

    3/21/12 | Tax accounting services

    At the close of every quarter, companies recognize income tax expense or benefit in their respective quarterly financial statements in accordance with interim reporting guidance under FASB Accounting Standards Codification 740, Income Taxes (ASC 740). When applied, this accounting model can present formidable challenges to many companies and can sometimes produce unexpected results. This edition of Tax accounting insights highlights the "basics" as well as key areas of focus when accounting for income taxes during interim periods.