Our handbook is designed to assist companies and others in understanding the application of ASC 740, providing in-depth guidance on a wide range of implementation issues.
- All entities subject to income tax
This August 2021 edition incorporates:
- New guidance on the 2021 UK super-deduction
- New guidance on ASU 2020-06 (convertible debt) transition
- Clarification of guidance on acceptable approaches for determining how much of a deferred tax asset is realizable when forecasting future taxable income