Follow CCH Australia
"RT @AnneWardell: Is statutory liability insurance damaging? By Michael Tooma - http://t.co/ffB4eQmf17""RT @taxchat: Exposure draft on the Sustaining the Superannuation Contribution Concession measure — defining “end benefit”....""RT @taxchat: Did you know there are about 100 announced tax changes in the pipeline? #unenacted #taxmonitor""RT @taxchat: Living standards will fall if we don't tax rich more: Cousins http://t.co/eEvAgV6vwd #austax""Law Chat: Is statutory liability insurance damaging? By Michael Tooma http://t.co/aBjAE3mVTH"Follow TaxChat
"ATO issues updated #FATCA information and forms http://t.co/v66g8JeW0B""Minutes of ATO Individual Taxpayer Advisory Forum meeting http://t.co/FCjSzkqas9 #austax""Taxpayer in SCCASP Holdings as trustee for H&R Super Fund applies for special leave to HighCourt (special income) http://t.co/QOKHINHbba""Exposure draft on the Sustaining the Superannuation Contribution Concession measure — defining “end benefit”. http://t.co/630NPYmHXs""Did you know there are about 100 announced tax changes in the pipeline? #unenacted #taxmonitor"Advertisment
Author Bio
-
Subscribe via RSS
Tag Archives: IFRS
Tax advice privilege and uncomfortable tax positions
It all started with the collapse of Enron and WorldCom in the United States. Strict laws were enacted: first the Sarbanes –Oxley Act 2002 and then FIN 48 in 2006. FIN 48 has now been codified in FASB ASC 740-10. More recently in September 2010, the Internal Revenue Service adopted the “Uncertain Tax Positions” schedule to form part of tax returns (see Uncertain Tax Positions – Schedule UTP). In Australia, the closest in IFRS is IAS 12. Work on adopting … Continue reading
Posted in Accounting standards, Tax administration
Tagged IFRS, uncertain tax positions
Leave a comment
