# ASC 718-740-S55: Compensation—Stock Compensation — Income Taxes — SEC 55 Implementation Guidance and Illustrations

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/718/740/#sec-55-implementation-guidance-and-illustrations)

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## ASC 718-740-S55: SEC 55 Implementation Guidance and Illustrations

[Read section](https://asc.understandingaccounting.org/asc/718/740/#sec-55-implementation-guidance-and-illustrations)

SEC content: yes

#### Accounting for Income Tax Effects of Share-Based Payment Arrangements Upon Adoption of Topic 718

##### [718-740-S55-1](https://asc.understandingaccounting.org/asc/718/740/#718-740-S55-1)

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See paragraph [718-10-S99-1](https://asc.understandingaccounting.org/asc/718/10/#718-10-S99-1), SAB Topic 14.J, for SEC Staff views on accounting for the income tax effects of share-based payment arrangements upon adoption of Topic 718.