{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/718/740/#45-other-presentation-matters","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"718","topic_title":"Compensation—Stock Compensation","subtopic":"718-740","subtopic_title":"Income Taxes","section":{"number":"45","label":"45 Other Presentation Matters","anchor":"45-other-presentation-matters","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"718-740-45-1","para":"45-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"> <a href=\"/updates/asu-2016-09/\" class=\"xref\">Paragraph superseded by Accounting Standards Update No. 2016-09</a>.</div> </div>","snippet":"Paragraph superseded by Accounting Standards Update No. 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2016-09.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5dc7c4e53303e11f8dfabb6b6cd13799d414addac57f046e534d5ff4d9e942bc","downloaded_from":"2026-09-10T01:06:40.440Z","last_downloaded_at":"2026-09-10T01:06:40.440Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479753","source_sha256":"1b7f5bb0b87f153548b0b25b5e29a7e7682e8584fa675e92c5a4c60634ede236"}},{"citation":"718-740-45-4","para":"45-4","html":"<div class=\"asc-body\"><div class=\"norm-text\"> <a href=\"/updates/asu-2016-09/\" class=\"xref\">Paragraph superseded by Accounting Standards Update No. 2016-09</a>.</div> </div>","snippet":"Paragraph superseded by Accounting Standards Update No. 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established by retrieval timestamps","source_key":"1943274/2147479753","source_sha256":"1b7f5bb0b87f153548b0b25b5e29a7e7682e8584fa675e92c5a4c60634ede236"}},{"block":null,"heading":"Employee Stock Ownership Plans","paragraphs":[{"citation":"718-740-45-5","para":"45-5","html":"<div class=\"asc-body\"><div class=\"norm-text\"> <span class=\"sfragment\" id=\"sfr_D0A95B73-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The tax effect of the difference, if any, between the cost of shares committed to be released and the <a href=\"/glossary/f/#fair-value\" class=\"term\" title=\"The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.\"><span>fair value</span></a> of the shares shall be recognized as income tax expense or benefit in the income statement.</span></span> </div> </div>","snippet":"The tax effect of the difference, if any, between the cost of shares committed to be released and the fair value of the shares shall be recognized as income tax expense or benefit in the income statement.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:eca51840c6039501af6e5ac4f3cbc231a4c7926ec558826e48fed92e1974d7bd","downloaded_from":"2026-09-10T01:06:40.440Z","last_downloaded_at":"2026-09-10T01:06:40.440Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479753","source_sha256":"1b7f5bb0b87f153548b0b25b5e29a7e7682e8584fa675e92c5a4c60634ede236"}},{"citation":"718-740-45-6","para":"45-6","html":"<div class=\"asc-body\"><div class=\"norm-text\"> <a href=\"/updates/asu-2016-09/\" class=\"xref\">Paragraph superseded by Accounting Standards Update No. 2016-09</a>.</div> </div>","snippet":"Paragraph superseded by Accounting Standards Update 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benefit plan that is described by the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1986 as a stock bonus plan, or combination stock bonus and money purchase pension plan, designed to invest primarily in employer stock. Also called an employee share ownership plan.\"><span>employee stock ownership plan</span></a> shares shall be recognized in </span></span> <span class=\"sfragment\" id=\"sfr_D0A960B2-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">income taxes allocated to continuing operations. </span></span> </div> </div>","snippet":"The tax benefit of tax-deductible dividends on allocated and unallocated employee stock ownership plan shares shall be recognized in income taxes allocated to continuing operations.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ea917d66c5a830945d266c9ea1ae775bf76a938448e375fda9e7a797e97d9f60","downloaded_from":"2026-09-10T01:06:40.440Z","last_downloaded_at":"2026-09-10T01:06:40.440Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval 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class=\"sfragment-source\">An income tax benefit from dividends or dividend equivalents that are charged to retained earnings and are paid to grantees for any of the following equity classified awards </span></span> <span class=\"sfragment\" id=\"sfr_D0A96769-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">shall be recognized as income tax expense or benefit in the income statement:</span></span> <ol class=\"ol-norm\"> <li class=\"li-norm\"><span class=\"linum\">a</span> <div class=\"p\"> <span class=\"sfragment\" id=\"sfr_D0A96962-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Nonvested equity shares</span></span> </div> </li> <li class=\"li-norm\"><span class=\"linum\">b</span> <div class=\"p\"> <span class=\"sfragment\" id=\"sfr_D0A96AE9-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Nonvested equity share units</span></span> </div> </li> <li class=\"li-norm\"><span class=\"linum\">c</span> <div class=\"p\"> <span class=\"sfragment\" id=\"sfr_D0A96C43-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Outstanding equity share options.</span></span> </div> </li> </ol> </div> </div>","snippet":"An income tax benefit from dividends or dividend equivalents that are charged to retained earnings and are paid to grantees for any of the following equity classified awards shall be recognized as income tax expense or b…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e123fc5d3c69bcbca0ffa582b03d9481f3bedfdc588bf9be9fed7035269b2360","downloaded_from":"2026-09-10T01:06:40.440Z","last_downloaded_at":"2026-09-10T01:06:40.440Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval 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