• 1000

Accounting for taxes under IFRS® Accounting Standards differs depending on the nature of the tax.

Here we look at specific requirements in IAS 12 Income Taxes – i.e. taxes based on taxable profits. These materials contain both general and topic-specific guidance, providing insights into how to apply IAS 12 as well as keeping you up to date with the latest developments.

For illustrative disclosures about income taxes in the interim and annual financial statements, see our Guides to financial statements.

Global minimum top-up taxes in financial reports

Global minimum top-up taxes in financial reports

Your questions answered

Our latest insights

two women walking

Global minimum top-up tax

Relief from deferred tax accounting
 
men running

Global minimum top-up tax under BEPS 2.0

Are disclosures in 2022 necessary before tax laws are changed?
 

BEPS 2.0: State of play (US publication)

More insights

IRA and CHIPS: Tax considerations (US publication)

stack of macarons

Recognising deferred tax on leases

Narrowing the scope of IAS 12’s initial recognition exemption to improve comparability

 
light blue texture banner

Will taxable profits be available to recover deferred tax assets?

 

Global minimum tax (US publication)

Related content

KPMG Tax

Tax & Legal

Attitudes to tax are changing. Organizations of all sizes are ever more exposed to new trends in tax regulation, not just locally but globally.
woman looking at mountains

BEPS 2.0: Pillar One and Pillar Two

Insights and perspectives into BEPS 2.0