Global Standards for the world economy

Tuesday 18 December 2018

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IAS 12 Income Taxes—Income tax consequences of payments on financial instruments classified as equity


 Proposed changes—Annual Improvements (2015-2017 cycle)

IAS 12 Income Taxes—Income tax consequences of payments on financial instruments classified as equity

The issue relates to the presentation of income tax consequences of payments on, and issuing costs of, financial instruments that are classified as equity (ie whether an entity recognises the relevant income tax consequences directly in equity or in profit or loss).