While reporting under IFRS will not be required until 2015 or 2016, we are already beginning to see changes in the tax industry, particularly when considering planning for the future. The purpose of this assignment is for you to consider how and to what extent the adoption of IFRS in the United States will affect current tax planning strategy, both in the short-term and the long-term.
While reporting under IFRS will not be required until 2015 or 2016, we are already beginning to see changes in the tax industry, particularly when considering planning for the future. The purpose of this assignment is for you to consider how and to what extent the adoption of IFRS in the United States will affect current tax planning strategy, both in the short-term and the long-term.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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ubmitting an essay on the effect the adoption of IFRS has had,
and will continue to have, on tax planning strategy. While reporting under IFRS will not be
required until 2015 or 2016, we are already beginning to see changes in the tax industry,
particularly when considering planning for the future. The purpose of this assignment is for you
to consider how and to what extent the adoption of IFRS in the United States will affect current
tax planning strategy, both in the short-term and the long-term.
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