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The FASB revised its proposal to change the income tax disclosure requirements, after evaluating feedback and the effects of the Tax Cuts and Jobs Act. The proposal would require separate foreign and domestic disclosures about pre-tax income (loss) from continuing operations before intra-entity eliminations and other disaggregated disclosures about tax expense (benefit) and income taxes paid. It also would change certain disclosure requirements related to uncertain tax positions, valuation allowances, the effective tax rate reconciliation and tax carryforwards, and it would eliminate requirements to disclose certain information related to uncertain tax positions and unrecognized deferred tax liabilities. Comments are due by 31 May 2019.