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06/11/2017 - EFRAG's endorsement advice on IFRIC 23 Uncertainty over Income Tax Treatments

​EFRAG has completed its due process regarding IFRIC 23 Uncertainty over Income Tax Treatments and has submitted its Endorsement Advice Letter to the European Commission.


​On 7 June 2017, the IASB issued IFRIC 23 Uncertainty over Income Tax Treatments to clarify how to apply the recognition and measurement requirements in IAS 12 when there is uncertainty over income tax treatments.

IFRIC 23 becomes effective for annual periods beginning on or after 1 January 2019, with earlier application permitted. EFRAG has submitted its Endorsement Advice relating to IFRIC 23 for use in the European Union and European Economic Area. EFRAG assesses that IFRIC 23 meets all technical endorsement criteria of the IAS Regulation and is conducive to the European public good. It therefore recommends its endorsement. EFRAG's recommendation is explained in the letter to the European Commission and the accompanying appendices.

The Endorsement Advice Letter to the European Commission can be found here.

EFRAG has also updated its Endorsement Status Report, which can be downloaded here on EFRAG's web page.