Proposal on Accounting for Uncertain Tax Positions.

PositionFASB News

FASB has published an exposure draft of a proposed interpretation, Accounting for Uncertain Tax Positions, aimed at unifying diverse methods associated with recognition and measurements in accounting for income taxes.

The draft requires that a tax position meet a "probable recognition threshold" for the benefit of an uncertain tax position to be recognized in financial...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT