CTHIn ForceLegislation
Accounting Standard AASB 2023-4 Amendments to Australian Accounting Standards – International Tax Reform – Pillar Two Model Rules: Tier 2 Disclosures
International tax reform — Pillar Two moInternational tax reform — Pillar Two model rules
Start here
Get a plain-English read of International tax reform — Pillar Two mo
Turn the raw legal text into a practical explanation grounded in Accounting Standard AASB 2023-4 Amendments to Australian Accounting Standards – International Tax Reform – Pillar Two Model Rules: Tier 2 Disclosures.
International tax reform – Pillar Two model rules
178A An entity shall disclose that it has applied the exception to recognising and disclosing information about deferred tax assets and liabilities related to Pillar Two income taxes (see AASB 112 paragraph 4A).
178B An entity shall disclose separately its current tax expense (income) related to Pillar Two income taxes.
…