ITB 11-73: PwC Guide to Accounting for Income Taxes—2011 edition

The overall accounting model for income taxes has been in place for many years, yet the accounting for income taxes continues to pose many challenges for preparers, users, and auditors. Among those challenges are the tax accounting rules for intraperiod allocation, business combinations, and foreign operations. To reflect these challenges, PwC has updated its 'Guide to accounting for income taxes', and is pleased to offer this guide which is intended to assist you in interpreting the accounting standards in this complex area of accounting.