Comments on IASB Income Tax Accounting Exposure Draft ED/2009/02

9 Pages Posted: 2 Oct 2009 Last revised: 20 Jun 2011

See all articles by Dr Daniel N. Erasmus

Dr Daniel N. Erasmus

Thomas Jefferson School of Law; Middlesex University

Date Written: October 2, 2009


This paper is a submission to the International Accounting Standards Board (IASB) on proposed Draft Income Tax Statement EB/2009/02. This submission analyzes the effect of the proposed treatment of tax uncertainties, which create potential contraventions of constitutions world-wide if implemented in its suggested form. The proposed provisions are more detailed and extensive than those of the Financial Accounting Standards Board (FASB) Interpretation No. 48 (FIN 48) ("Accounting for Uncertainty in Income Taxes") in the U.S.A.

Keywords: FIN 48, IASB, International Accounting Standards Board, FASB, Financial Accounting Standards Board, EB/2009/02, Income Tax Statement, tax uncertainties

JEL Classification: K10, K33, K34

Suggested Citation

Erasmus, Dr Daniel N. and Erasmus, Dr Daniel N., Comments on IASB Income Tax Accounting Exposure Draft ED/2009/02 (October 2, 2009). Thomas Jefferson School of Law Research Paper No. 1481524, Available at SSRN: or

Dr Daniel N. Erasmus (Contact Author)

Middlesex University ( email )

United Kingdom

Thomas Jefferson School of Law ( email )

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Suite 110
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561-568-7115 (Phone)


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