Proposed IFRS Taxonomy Update 2023 and comment letters: International Tax Reform—Pillar Two Model Rules, Supplier Finance Arrangements and Lack of Exchangeability
Follow - Proposed IFRS Taxonomy Update 2023 and comment letters: International Tax Reform—Pillar Two Model Rules, Supplier Finance Arrangements and Lack of Exchangeability ×
On 5 October 2023, the IASB published for public comment IFRS Accounting Taxonomy 2023—Proposed Update 1 International Tax Reform—Pillar Two Model Rules, Supplier Finance Arrangements and Lack of Exchangeability.
This proposed update includes changes resulting from the following amendments:
International Tax Reform—Pillar Two Model Rules (Amendments to IAS 12), issued in May 2023;
International Tax Reform—Pillar Two Model Rules (Amendments to Section 29 of the IFRS for SMEs Standard), issued in September 2023;
Supplier Finance Arrangements (Amendments to IAS 7 and IFRS 7), issued in May 2023; and
Lack of Exchangeability (Amendments to IAS 21), issued in August 2023.
The deadline for submitting comments was 4 December 2023.
We use cookies on ifrs.org to ensure the best user experience possible. For example, cookies allow us to manage registrations, meaning you can watch meetings and submit comment letters. Cookies that tell us how often certain content is accessed help us create better, more informative content for users.
We do not use cookies for advertising, and do not pass any individual data to third parties.
Some cookies are essential to the functioning of the site. Other cookies are optional, and we would like to set such cookies to help us understand how our website is used so we can make improvements to our services and to personalise your experience on our website.
If you choose to “Accept optional cookies”, you agree to our usage of optional cookies. If you choose to “Reject optional cookies”, we will not use optional cookies.
Select “Manage Preferences” to see additional information about cookies we use on our website and to manage which cookies you wish to allow to be used on our website.
You can always revisit your choice on our privacy policy page.
Cookie preferences
Essential cookies
Always active
Essential cookies are required for the website to function, and therefore cannot be switched off. They include managing registrations.
We use analytics cookies to generate information about the usage of our website. This helps guide our content strategy to provide better, more informative content for our users. It also helps us ensure that the website is functioning correctly and that it is available as widely as possible.
Preference cookies allow us to offer additional functionality to improve the user experience on the site. Examples include choosing to stay logged in for longer than one session, or following specific content.