Tax accounting insights

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

Swiss Corporate Tax Reform III – Impact on Financial Statements (US GAAP and IFRS)


On 28 June 2016, Switzerland published the federal corporate tax reform III package (CTR III) that would abolish the existing cantonal privileged tax regimes and would allow cantons to introduce new internationally accepted tax measures (e.g., patent box, notional interest deduction).

New Section 385 regulations significantly limit scope


US Treasury and the IRS yesterday released final and temporary Section 385 regulations, which address whether certain instruments between related parties are treated as debt or equity.

The FASB proposed changes to income tax disclosure requirements. How will these changes impact your organization?


On July 26, 2016, the FASB (or the Board) issued a proposed Accounting Standards Update (ASU), Disclosure Framework

FASB Accounting for Income Taxes Projects


The past year has seen considerable activity at the Financial Accounting Standards Board ("FASB") related to accounting for income taxes. The FASB has introduced several topics as part of its initiative to reduce complexity in accounting standards.

December 2015 major tax law changes


Major tax law changes that occurred around the world in December 2015.

Global Tax Accounting Services Newsletter: Income tax accounting and reporting developments (December 2015)


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.

ASC 740 implications of accounting method changes


This publication is focused on topics we believe will be widely relevant to the preparation of 2015 year-end financial statements.

Accounting for Income Taxes – 2015 Year-end Hot Topics


This publication is focused on topics we believe will be widely relevant to the preparation of 2015 year-end financial statements.

Income taxes: 2015 SEC comment letter trends


This publication provides representative examples of financial statement comments related to income taxes that have been made public by the SEC from October 1, 2014 through September 30, 2015.

Tax accounting retrospective: February to June 2015


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.