Accounting for Income Taxes Bulletin
This publication is issued by the KPMG Accounting for Income Taxes group in Washington National Tax to highlight developments and other items of interest to professionals involved with accounting for income taxes matters.
Accounting for income taxes can be one of the more critical financial reporting activities of an organization. The continuously evolving business, regulatory, and legislative environments can present added complexity, and at times, it might be challenging to comprehend the effects that these changes may have on your business.
To help you keep up to date with this changing landscape, subscribe to the KPMG Accounting for Income Taxes Bulletin, providing you with recent news and insights and helping you understand these developments and what they may mean for your tax function.
July 2026
In this edition
- Selected reminders on accounting for tax technical developments that may be relevant to the interim period income taxes calculations, including accounting for new notices or regulations and observations on the OECD’s side-by-side package.
- New FASB project to account for nonrefundable transferable tax credits under US GAAP.
- Recent updates on the IASB potential amendment to IFRS 18 to require or allow an entity to classify certain non-income tax charges, such as the Saudi Arabian Zakat, in a separate category with income taxes in the statement of profit or loss.
Accounting for Income Taxes Bulletin - April 2026
Previous Editions: CTO Insights
Get the knowledge you need to bring value to your organization by understanding recent developments in an ever-changing tax landscape.
Accounting for Income Taxes Bulletin - July 2026
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Items of interest to professionals involved with accounting for income taxes matters