Global Standards for the world economy

Tuesday 26 January 2021

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Draft Interpretation October 2015

Uncertainty over Income Tax Treatments: Draft Interpretation and Comment Letters (DI/2015/1)

On 21 October 2015, the IFRS Interpretations Committee (‘Interpretations Committee’) published for public comment a proposed Interpretation of Standards, designed to address diversity in how the Standard is applied in practice. This proposed Interpretation gives guidance on how uncertainty over income tax treatments should affect the accounting for income taxes.      

Interpretations form part of the authoritative International Financial Reporting Standards (IFRS) requirements. They are developed by the Interpretations Committee, which works with the International Accounting Standards Board (IASB) to provide guidance on specific implementation issues, helping those using IFRS and supporting consistency in application.  

IAS 12 Income Taxes provides requirements on the recognition and measurement of current or deferred tax liabilities or assets, but does not provide specific guidance for how uncertainty about a tax treatment should be reflected in the accounting for income tax.  Consequently, the Interpretations Committee proposes an Interpretation to provide that guidance.

Comment letters

The Interpretations Committee sought comments on this proposed Interpretation by 19 January 2016.

View the Comment Letters.


Due process documents
Draft IFRIC Interpretation: Uncertainty over Income Tax Treatments [PDF]
IFRIC 解釈指針案: 法人所得税務処理に関する不確実性 (Japanese) [PDF]
コメント期限: 2016年1月19日
Projet d’interprétation: Incertitude relative aux traitements fiscaux (French) [PDF]
Date limite de réception des commentaires: le 19 janvier 2016
Proyecto Interpretación: Incertidumbre sobre Tratamientos del Impuesto a las Ganancias (Spanish) [PDF]
Recepción de comentarios hasta el 19 de enero de 2016


Project contact

Prahalad Halgeri
Technical Manager