On 7 June 2017, guidance was issued by the IFRS Interpretations Committee (IFRIC) which clarifies how to account for uncertain tax treatments under IAS 12 (IFRIC 23). This guidance will be effective for annual reporting periods beginning on or after 1 January 2019, with early adoption permitted. We anticipate that companies will wish to take early action to assess its impact on their financial statements, and some may wish to adopt it early. We prepared a comprehensive one-pager with the key takeaways to help you navigate this complex topic.
Senior Director, PwC Netherlands
Tel: +31 (0)88 792 36 59
Director, PwC Netherlands
Tel: +31 (0)88 792 42 05
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