Global Standards for the world economy

Friday 28 October 2016

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IAS 12 Income Taxes

Income taxes

 IAS 12 Income Taxes

Project objective

After its 2011 Agenda Consultation, the Board included in its research programme a project that investigated the causes of problems faced by preparers and users of financial statements that arise in applying IAS 12. It also assessed whether, and if so how, the Board should consider addressing those issues.

Following feedback from the 2015 Agenda Consultation and a review of the research findings, the Board decided in May 2016:

  • not to develop a replacement to, or amendment of, IAS 12 Income Taxes; and
  • not to carry out further research in this area.

Project stages

Issued documents

Issued documents


  • Research of the problems with the current requirements and how tax information is used when making decisions