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Tag: Tax

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A Tax Transparency Reckoning: Are Corporate Tax Disclosures Entering a New Era?

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As outlined in a new Intelligize report, The New Disclosure Challenge: Income Taxes, ASU 2023-09 and Investor Expectations, the Financial Accounting Standards Board’s issuance of ASU 2023-09 is recalibrating how public companies report rate...

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Thorny Tax Developments Await U.S. Companies

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Back in October 2021, more than 130 member jurisdictions of the Organisation for Economic Co-Operation and Development negotiated the framework for new international tax rules affecting multinational companies. Rather than using the tax rat...

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FASB: A New Hope for Raising Corporate Taxes

FASB: A New Hope for Raising Corporate Taxes

FASB: A New Hope for Raising Corporate Taxes

It makes for a splashy headline every year after watchdog groups get a chance to comb through corporate financial statements: “[INSERT NAMES OF BIG CORPORATIONS] Paid No Taxes in [INSERT LAST YEAR].” For example, the Institute on Taxation a...

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