Corporate Taxes, Disclosure Requirements, Reporting Requirements

Enhanced Reportable Transaction Rules Take Effect

Bennett Jones LLP on 6/28/2023

With the enactment of Bill C-47 on June 22, 2023, Canada's enhanced mandatory disclosure rules are now fully in effect. These rules, which were first announced in the 2021 Canadian federal budget...more

Corp Fin Director Discusses Policy, Outreach and Future Areas of Focus

WilmerHale on 2/13/2018

Earlier this month, SEC Division of Corporation Finance Director William Hinman delivered the keynote address at the Practising Law Institute’s Seventeenth Annual Institute on Securities Regulation in Europe. Director Hinman...more

A Gift From SEC Staff: Guidance on Tax Act's Form 10-K Accounting Implications

Jones Day on 1/8/2018

The Situation: SEC Staff has provided guidance regarding accounting and disclosure issues arising from the Tax Cut and Jobs Act. The Result: The guidance addresses situations in which ASC Topic 740 accounting cannot be...more

SEC Releases Guidance on Near-Term Disclosure Regarding Effects of New Tax Law

Kramer Levin Naftalis & Frankel LLP on 1/2/2018

The tax reform signed into law by President Trump on Dec. 22 (the Tax Act) presents public companies with several accounting and disclosure challenges. Although companies are still evaluating how they will be affected by the...more

New Tax Act Disclosures, Explanations and Examples

Stinson - Corporate & Securities Law Blog on 1/2/2018

Disclosures regarding the new tax act, often referred to as the Tax Cuts and Jobs Act or TCJA, continue to be prominent in SEC filings. Set forth blow is an explanation of the often obscure GAAP accounting driving many of the...more

The Tax Cuts and Jobs Act Meets Public Company Reporting

Cohen & Gresser LLP on 1/2/2018

Accounting for income taxes can be complex and is seldom exciting. Suspense was added, however, by the passage of the Tax Cuts and Jobs Act shortly before year end 2017. Would public companies have enough time to analyze the...more