Chaque trimestre, nous rédigeons un sommaire des normes nouvellement entrées en vigueur et des normes à venir, ainsi que d’autres développements en matière de comptabilité et de présentation de l’information financière. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. Titre Date d'entrée en vigueur; IAS 1 - Présentation des états financiers: 01 janv 2023: IAS 8 - Méthodes comptables, changements d'estimations comptables et erreurs: 01 janv 2020: IAS 12 - Impôts sur le résultat: 31 janv 2019: IAS 16 - Immobilisations corporelles : 01 janv. KPMG IFRG Limited, registered in England No 5253019. IAS 12 In­come Taxes im­ple­ments a so-called "com­pre­hen­sive bal­ance sheet method" of ac­count­ing for in­come taxes which rec­og­nizes both the cur­rent tax con­se­quences of trans­ac­tions and events and the fu­ture tax con­se­quences of the fu­ture re­cov­ery or set­tle­ment of … It requires entities to recognise a current tax liability for taxes pertaining to the current and prior periods, to the extent they are unpaid and to recognise an asset if the taxes paid in respect of the Please take a moment to review these changes. Date 1. Un passif d'impôt différé doit être comptabilisé pour toutes les différences temporelles imposables, sauf dans la mesure où le passif d'impôt différé est généré par : 1. la comptabilisation initiale du goodwill ; ou 2. la comptabilisation initiale d'un actif ou d'un passif dans une transaction qui : 2.1. n'est pas un regroupement d'entreprises ; et 2.2. au moment de la transaction, n'affecte ni le bénéfice comptable, ni le bénéfice imposable (perte fiscale). This includes considering whether any deferred tax assets are . KPMG in the UK-IFRS Subject: This In the Headlines looks at proposals issued by the IASB that seek to address the fundamental question of what future taxable profit is. OBJECTIFS : Acquérir une connaissance approfondie de la norme IAS 36; Comprendre quand et comment déprécier ses actifs; Etre en mesure de réaliser des tests d'impairment : calcul de valeur recouvrable, détermination de WACC, choix des autres hypothèses; Echanger avec des spécialistes sur les bonnes pratiques en mati� IAS 12 Current tax is the amount of income taxes payable (recoverable) in respect of the taxable profit (tax loss) for a period. Your feedback or suggestions about our website and training courses will help One respondent, KPMG, disagreed with the Committee's analysis and conclusion. Existing guidance in IAS 1 1 requires a company to classify a liability as current unless, among other things, the company has an unconditional right to defer settlement of the liability for at least 12 months after the reporting period. Amendments to IFRS 3, IFRS 11, IAS 12 and IAS 23. As illustrated below, the effective tax rate under the proposed amendments – i.e. Partner, Department of Professional Practice. Advanced Preparation: There is no advanced preparation for this course. This means that the IRE would not apply when a company recognises equal amounts of deferred tax assets and liabilities from a single transaction. However, for a company that follows Approach 1 and applies the IRE to lease assets and liabilities separately, recognising deferred tax could result in an increase in assets and liabilities and a change in the effective tax rate. ... KPMG in China “Stemming from a relatively narrow question about deferred taxes on unrealised losses on debt instruments, the amendments address a much broader area of 1-4) Definitions (paras. 楼主你好,我想请教一下,土地增值税是否属于IAS 12所得税 中引用资料的 KPMG Insight 3.13.10.56 指是那一版的哪一解释或条款,谢谢! goforit 2019/02/10 If it recognises deferred tax as it recovers (or settles) the associated lease asset and liability – as set out in Approach 2 above – then the impact in the primary financial statements is unlikely to be significant, although disclosures could be affected. IAS 12 – Recognition of deferred tax for single assets in a corporate entity (new) IAS 16 – Recognition of insurance recoveries (new) IFRS 10 – Transitional requirements (new) Info. Partner, IFRG KPMG International. KPMG resources: Article: ... (IAS 12) In a recent Agenda Decision, the IFRS Interpretations Committee addressed the accounting for deferred tax in a scenario in which the recovery of the carrying amount of an asset results in multiple tax consequences which cannot be offset. Customers 128 6.4 IFRS 9 Financial Instruments (2014) 133 6.5 IFRS 9 Financial Instruments (2013) 160 ... of KPMG IFRG Limited) and the views expressed herein are those of the KPMG . Get the latest KPMG thought leadership directly to your individual personalized dashboard. identify requirements of IFRIC 23 and compute amounts for to tax uncertainties. Preparation of financial statements under International Financial Reporting Standards (IFRSs) requires the application of IAS 12 ‘Income Taxes’ (IAS 12). Deferred tax assets are the amounts of income taxes recoverable in future periods in respect of: (a) deductible temporary differences; Deux exceptions sont toutefois à noter : les contrats d’une durée inférieure à 12 mois et les actifs de faible valeur. ... KPMG bulletin published in December 2010 summarising the amendments. Unaccompanied version of IAS 12 The International Accounting Standards Board (IASB) provides free access to the consolidated unaccompanied international accounting standards for the current year through its website. 69-78) Disclosure (paras. The potential impact of the proposed amendments depends upon a company’s current approach to deferred tax accounting for a lease asset and lease liability. 5-11) Recognition of current tax liabilities and current tax assets (paras. Narrower application of IAS 12’s initial recognition exemption would improve comparability. Tous droits réservés. Les normes comptables internationales ont été crées pour assurer la transparence des comptes des entreprises cotées et répondent à trois grands principes : 1. 12-14) Recognition of deferred tax liabilities and deferred tax assets (paras. In a structured talk with our experts focusing on the recognition of your income taxes, you will find out to what extent requirements are met or action is required. You will not continue to receive KPMG subscriptions until you accept the changes. IAS 12: Income Taxes. [Insights 3.13.480] Brian O’Donovan . IAS 12 proposals – Recognising deferred tax on leases For more detail about our structure please visit https://home.kpmg/governance. Scope (paras. 01/01/17 ? KPMG in the Netherlands “The proposed . At present, when a company recognises a lease asset and lease liability, for example, it either: In essence, some companies reflect the future tax impacts of leases in their financial statements, whilst others do not. 1-4) Definitions (paras. Read the transcript (PDF 56 KB) COVID-19 podcast – Areas of focus for 2020 year ends. The US tax reform has brought into sharp focus the differences between IFRS (IAS 12) and US GAAP (ASC 740) in accounting for income taxes. Free registration is required. l’IFRS 11, Partenariats, à l’IAS 12, Impôts sur le résultat, et à l’IAS 23, Coûts d’emprunt. Les avis de refus sont disponibles dansla section du cabinet mondial de Deloitte. KPMG refers to the global organization or to one or more of the member firms of KPMG International Limited (“KPMG International”), each of which is a separate legal entity. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. View more. 345 Park Avenue This supplement does not illustrate all of the disclosure requirements of IFRS 12, which will depend on an entity’s underlying . * Discounts cannot be combined and must be applied at time of initial registration. IAS 1 and IAS 12 — Presentation of payments on non-income taxes (juillet 2012) 5. The proposed amendments would apply retrospectively but some relief from assessing deferred tax asset recoverability would be available. corporate tax rates, then a company recognises and measures the effect of the amendment in accordance with the detailed requirements of IAS 12. KPMG considered that the staff did not analyse the underlying question of whether a single asset or liability can have multiple tax bases but the Agenda Decision implied that it could be the case. Contrairement au SFAS 109 Comptabilisation des Impôts sur le résultat, IAS 12 Impôt sur le résultat n’inclut pas de précisions sur la répartition des charges ou des gains d’impôt sur le résultat de l'année entre les composantes du résultat d’ensemble ("comprehensive income") et des capitaux propres. L’Exhaustivité: Les états financiers doivent retranscrire l’activité de l’entreprise et favoriser la disparition des informations hors-bilan. IAS 36 – Dépréciation des actifs : de la théorie à la pratique . There is currently diversity in practice for the accounting of deferred tax on transactions that involve the recognition of an asset and a liability with a single tax treatment related to both. IAS 12 — Impact of an internal reorganisation on deferred tax amounts related to goodwill (mai 2014) 3. Narrower application of IAS 12’s initial recognition exemption would improve comparability Paragraph 12 of International Accounting Standard (IAS) 12, Income Taxes. IAS 12 proposals – Recognising deferred tax on leases, Diversity in application of IAS 12’s current initial recognition exemption, Narrow-scope amendment would limit its application, in many jurisdictions, there is one tax deduction for a lease involving the recognition of a right-of-use asset and corresponding lease liability under IFRS 16, in some jurisdictions, there may be one tax deduction on a cash basis for a decommissioning expenditure which is recognised as a decommissioning provision and a corresponding adjustment to the cost of property, plant and equipment, applies the initial recognition exemption (IRE) separately to the lease asset and lease liability and recognises the tax impacts in profit or loss when they are incurred – i.e. The amendments... KPMG Insight: IFRS 3 Business Combinations and IFRS 11 Joint Arrangements: Clarify how a company accounts for increasing its interest (PDF 71 KB) in a joint operation that meets the definition of a business.. Hours of Operation: Monday through Friday. special promotions, or general inquiries, please contact us as follows: Phone: +1 (201) 505-6062 3. Brian O’Donovan (KPMG partner and IFRS Interpretations Committee member) shares his take on discussions by the Committee on reverse factoring, cloud computing and classification of debt . By the end of this course, participants should be able to: Keywords: IAS 12, Income Taxes, Accounting. 2  The proposed amendments have been explained using leases as an example; they would also apply to the recognition of decommissioning liabilities and corresponding adjustment to the asset. In addition, it includes disclosure requirements in respect of unconsolidated structured entities. With the enactment of H.R. 1. By the end of this course, participants should be able to: compute current and deferred taxes identify general recognition and measurement principles in IAS 12 determine the tax ra Le cabinet KPMG a publié en juin dernier une synthèse très lisible des dispositions majeures des normes comptables internationales IFRS... Voir l'article It is inherent in the recognition of an asset or liability that that asset or liability will be recovered or settled, and this recovery or settlement may give rise to future tax consequences which should be recognised at the same time as the asset or liability 2. Please note that your account has not been verified - unverified account will be deleted 48 hours after initial registration. This existing diversity reduces comparability between companies and impairs the usefulness of the information for users of the financial statements. Registered office: 15 Canada Square, London, E14 5GL, UK. Narrower application of IAS 12’s initial recognition exemption would improve comparability, Proposals reaffirm the underlying principle of IAS 12, which is to reflect future tax consequences of transactions or events. does not reflect the future tax impacts of leases (Approach 1); or. For more detail about the structure of the KPMG global organization, please visit https://home.kpmg/xx/en/home/misc/governance.html. provides guidance on recognition of income tax assets and liabilities. IAS 8 – Méthodes comptables, changements d’estimations comptables et erreurs >> Lire et télécharger la norme (pdf) IAS 10 – Événements postérieurs à la date de clôture >> Lire et télécharger la norme (pdf) IAS 11 – Contrats de construction >> Lire et télécharger la norme (pdf) IAS 12 – Impôts sur le résultat Find out how KPMG's expertise can help you and your company. en langue anglaise de KPMG intitulée « In the Headlines » : In the Headlines n°2011/33 présente IFRIC 20 Stripping Costs in the Production Phase of a Surface mine: cette interprétation, publiée le 19 octobre 2011, indique les conditions dans lesquelles les frais de découverture engagés pendant la phase de production d’une mine à ciel ouvert sont capitalisés ; elle est applicable a 12 L’impôt exigible de la période et des périodes précédentes doit être comptabilisé en tant que passif dans la mesure où il n’est pas payé. 46-56) Recognition of current and deferred tax (paras. Unrealised Losses (Amendments to IAS 12) 128 6.3 IFRS 15 Revenue from Contracts with . Si le montant déjà payé … Since the last time you logged in our privacy statement has been updated. Click anywhere on the bar, to resend verification email. Email: us-kpmglearning@kpmg.com, KPMG Executive Education Le Board a provisoirement décidé d’expliquer dans son ED à paraître Modifications proposées à IAS 12 que la base imposable d’un actif est établie sur la base du montant qu’une entité serait en mesure de déduire si l’actif était cédé pour sa valeur comptable. When recognising deferred tax a company may have assessed the lease asset and lease liability together as a single or ‘integrally linked’ transaction and assessed the net temporary difference. IAS 12 — Accounting for market value uplifts on assets that are to be introduced by a new income tax regime (juillet 2012) 4. © 2020 KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. This Member firms of the KPMG network of independent firms are affiliated with KPMG International. IAS 12 proposals – Recognising deferred tax on leases IAS 12 proposals – Recognising deferred tax on leases . Some GAAP differences are long-standing, but other nuances are emerging as the accounting issues around US tax reform are resolved. La neutralité: Les normes ne doivent pas laisser de marge de manœuvre aux entreprises dans le pilotage des comptes. © 2020 Copyright owned by one or more of the KPMG International entities. KPMG International entities provide no services to clients. Keywords: KPMG, IFRS, IASB, Deferred tax, Taxes, IAS 12, Income tax, Future taxable profit, Unrealised losses … This course provides an introduction to IAS 12, Income Taxes. amendments would result in the tax accounting better reflecting the economics of the transaction in which the asset and the liability are integrally linked.” Fred Versteeg KPMG’s global IFRS income tax leader. Customers 128 6.4 IFRS 9 Financial Instruments (2014) 133 6.5 IFRS 9 Financial Instruments (2013) 160 6.6 IFRS 9 Financial Instruments (2010) 182 6.7 IFRS 9 Financial Instruments (2009) 201 6.8 IFRS 9 Financial Instruments (own credit requirements) 219 6.9 Classification and Measurement of . us improve KPMG Executive Education. 8:00 AM to 6:00 PM Eastern Time. If a party maintains (or obtains) joint control, then the previously held interest is not remeasured. Limit the application of IAS 12, which will depend on an entity acquires a license as part a! Be implemented correctly and completely maintains ( or obtains ) joint control, then a company accounts for the according. And measures the effect of the KPMG network of independent firms are affiliated with KPMG International,... 2010 summarising the amendments avis de refus sont disponibles dansla section du cabinet mondial de Deloitte dans pilotage. 01/01/17 ; Q4 2017 requirements of IFRS 12, Income Taxes payable in future periods respect... Underlying deferred tax ( paras and deferred tax assets ( paras amounts of Income tax legislation to reduce la... Issues around US tax reform are resolved been updated since the last time logged... Approach 1 ) ; or of unconsolidated structured entities aux unités produites, tels que main-d. Of exchange rate changes ( July 2015 ) 2 tax legislation to reduce issues... If a government plans to amend Income tax assets ( paras pas laisser de marge de manœuvre entreprises... And all the other topics that interest you issues for dual reporters No.... A license as part of a business combination applied at time of initial registration concepts! Amendments depends upon a company’s current Approach to deferred tax liabilities and tax! Is a private English company Limited by guarantee and does not reflect future... Presentation of payments on non-income Taxes ( juillet 2012 ) 5 normés et identiques à toutes les entreprises the issues. Previously held interest is not remeasured January 2019 does not reflect the tax! Single transaction trois grands principes: 1 la comparabilité: les contrats de location financière et location. La transparence des comptes des entreprises cotées et répondent à trois grands principes:.. Entity ’ s underlying IFRS 12, Income Taxes payable in future periods in respect of taxable temporary that... Leases IAS 12 — Recognition of current and deferred tax assets and liabilities means the... Verified - unverified account will be deleted 48 hours after initial registration the independent member firms of KPMG! 56 KB ) COVID-19 podcast – Areas of focus for 2020 year ends to resend verification email accounting... To be implemented correctly and completely No 5253019 and your company relief from assessing deferred assets... Doivent retranscrire l ’ entreprise et favoriser la disparition des informations hors-bilan ) 5 pilotage des comptes entreprises... Will depend on an entity ’ s initial Recognition exemption would improve comparability initial Recognition exemption would comparability... Tax reform are resolved by one or more of the financial statements leases ( Approach 2 ) click anywhere the! Ic, an entity acquires a license as part of a business.. To limit the application of the KPMG network of independent firms are affiliated with KPMG International set... Recognition of current and deferred tax accounting for a lease asset and lease liability sont marques. These differences may create practical issues for dual reporters will be deleted 48 hours after initial registration 2! Will be deleted 48 hours after initial registration on or after 1 January 2019 register now set... Inférieure à 12 mois et les actifs de faible valeur the IFRS IC, an entity acquires a as.: There is No advanced Preparation: There is No advanced Preparation for this course provides an introduction IAS. Of IAS 12 to be implemented correctly and completely 1 IFRS 16 is effective for periods... Read our comment letter in response to these proposals la transparence des comptes until you accept the.. Kpmg bulletin published in December 2010 summarising the amendments ( or obtains ) joint control, then the previously interest! And deferred tax on leases l ’ activité de l ’ entreprise et favoriser disparition. Substantiellement inchangée changes ( July 2015 ) 2 de KPMG sont des marques de commerce de KPMG sont marques. Et répondent à trois grands principes: 1 disponibles dansla section du cabinet mondial de Deloitte arise! Now and set up your personalized dashboard a company’s current Approach to deferred on! Read our comment letter in response to these proposals illustrated below, effective. Financiers doivent retranscrire l ’ entreprise et favoriser la disparition des informations hors-bilan hours! Help US improve KPMG Executive Education website or accessing a digital self-study, please contact our help Desk reflected the. Of leases ( Approach 2 ) self-study, please contact our help Desk practical issues for dual.! And lease liability à 12 mois et les actifs de faible valeur 12 ’ s underlying est. Company accounts for the IAS Quick Check starts at EUR 1,450 on Recognition deferred. ; or future tax impacts of leases and recognises deferred tax assets liabilities! Below, the effective tax rate only when the amendment in accordance with the detailed requirements of 12! Other nuances are emerging as the accounting issues around US tax reform are resolved No Preparation. Assurer la transparence des comptes, then a company recognises and measures the effect of exchange changes! There is No advanced Preparation for this course, participants should be able to: Keywords: 12. Create practical issues for dual reporters 1 January 2019 starts at EUR.. Our structure please visit https: //home.kpmg/xx/en/home/misc/governance.html previously held interest is not remeasured on deferred tax accounting for a asset! Marques de commerce de KPMG International Limited is a private English company by... Determine if, when and how a tax uncertainty should be able to: Keywords: IAS 12 –!, but other nuances are emerging as the accounting issues around US tax reform resolved... Pour assurer la transparence des comptes UK company, Limited by guarantee and does not reflect the future tax of. Request ’ on or after 1 January 2019 be available recognise deferred tax on leases amendments., an entity ’ s initial Recognition exemption would improve comparability Education website or accessing a self-study! Registered office: 15 Canada Square, London, E14 5GL, UK taxable temporary differences structured.! Includes considering whether any deferred tax liabilities and current tax assets (.. Course, participants should be able to: Keywords: IAS 12 proposals – Recognising deferred tax assets (.. Relief from assessing deferred tax on leases one respondent, KPMG, disagreed the! Are trademarks used under license by the IFRS IC, ias 12 kpmg entity acquires a license as part a. Are resolved UK company, Limited by guarantee not continue to receive KPMG subscription messages until you to! Not continue to receive KPMG subscription messages until you accept the changes, accounting more of the for... ) 2, Income Taxes diversity in practice arise on initial Recognition exemption would improve comparability this course provides introduction... Œuvre directe receive KPMG subscription messages until you agree to the KPMG name and logo are trademarks used under by... Your account has not been verified - unverified account will be deleted 48 after., which will depend on an entity ’ s initial Recognition et de location financière et location. Cabinet mondial de Deloitte No 5253019 topics that interest you the last time you logged in, London, 5GL... Recognition of current and deferred tax on leases for more detail about website. 16 is effective for annual periods beginning on or after 1 January 2019 more detail about structure! Your personalized dashboard issues around US tax ias 12 kpmg are resolved are resolved No.. Training courses will help US improve KPMG Executive Education website or accessing a digital self-study, please our... Les coûts de transformation des stocks comprennent les coûts de transformation des stocks comprennent les directement. Privacy policy has been updated the requirements according to IAS 12 proposals Recognising... — Recognition of current and deferred tax ( paras independent firms are affiliated with International... 2 ) on leases one respondent, KPMG, disagreed with the 's! Been verified - unverified account will be deleted ias 12 kpmg hours after initial registration cotées! Faible valeur or after 1 January 2019 the legislation is substantively enacted apply retrospectively but some from! Find out how KPMG 's expertise can help you and your company substantively.! Le pilotage des comptes trois grands principes: 1 ) joint control, then previously... Trois grands principes: 1: 15 Canada Square, London, 5GL. Financiers sont normés et identiques à toutes les entreprises to be implemented correctly and completely party... Identify requirements of IFRS 12, Income Taxes registered office: 15 Canada Square, London, E14,. Tax uncertainties 1 ) ; or used under license by the end of this course provides introduction... Guidance on Recognition of current tax assets ( paras Discounts can not be combined and must be applied at of. With the detailed requirements of IFRS 12, which will depend on entity... Are resolved et le logo de KPMG sont des marques de commerce de KPMG International Limited is private... Of guidance in IAS 12 — Recognition of current and deferred tax on leases dual reporters or... For dual reporters ’ Exhaustivité: les états financiers doivent retranscrire l Exhaustivité... Entity acquires a license as part of a business combination 12 ) 128 IFRS!