Pillar Two global minimum top-up tax accounting disclosures - FAQs

Companies may need to reflect the impact of upcoming changes in tax laws in their accounting disclosures.

FAQ list 1. Should a company consider the impact of upcoming changes to tax laws in determining value in use for impairment testing? 2. When determining value in use, which CGU should reflect the impact of the top-up tax – the one that is liable or the one that triggers it? 3. Should a company consider the impact of upcoming changes to tax laws in determining fair value less costs of disposal for impairment testing? 4. When determining fair value less costs of disposal, which CGU should ...

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Authors: Irina Ipatova, Zuzana Paulech,

Published Date: 12 August 2024