{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/740/10/#60-relationships","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":"740","topic_title":"Income Taxes","subtopic":"740-10","subtopic_title":"Overall","section":{"number":"60","label":"60 Relationships","anchor":"60-relationships","is_sec":false,"groups":[{"block":null,"heading":"Compensation—Retirement Benefits","paragraphs":[{"citation":"740-10-60-1","para":"60-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">For treatment of the <span class=\"sfragment\" id=\"sfr_0DCD2C96-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">difference between net periodic pension income and the amount deductible for tax purposes, see Subtopic <a altsource=\"GUID-91C043A5-E073-47CD-8E61-C58635C5AE04.ditamap\" class=\"ditamap\">715-30</a>. </span></span></div> </div>","snippet":"For treatment of the difference between net periodic pension income and the amount deductible for tax purposes, see Subtopic 715-30.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bec5fe1cd5b82bbd71def08e926126c172356d665dbaeeec8e8551d95a0669a8","downloaded_from":"2026-09-10T01:16:47.659Z","last_downloaded_at":"2026-09-10T01:16:47.659Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482643","source_sha256":"53b10180522506555d900fb641bd463a606df77910cf94b716dcc651c899c870"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1eeba8a2e660a976f41d1a8d78c31485d0911e8acb5acc79f8e8c0d711bac078","downloaded_from":"2026-09-10T01:16:47.659Z","last_downloaded_at":"2026-09-10T01:16:47.659Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482643","source_sha256":"53b10180522506555d900fb641bd463a606df77910cf94b716dcc651c899c870"}},{"block":null,"heading":"Stock Compensation","paragraphs":[{"citation":"740-10-60-1A","para":"60-1A","html":"<div class=\"asc-body\"><div class=\"norm-text\">For the required accounting for income taxes in connection with stock compensation, see Subtopic <a altsource=\"GUID-E9C56B0A-2901-44D7-9B27-58BB94AB9D57.ditamap\" class=\"ditamap\">718-740</a>.</div> </div>","snippet":"For the required accounting for income taxes in connection with stock compensation, see Subtopic 718-740.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5985c786b34f24bb1837a7757efd5cbebaed663deb05fa833d6b76f3448faef3","downloaded_from":"2026-09-10T01:16:47.659Z","last_downloaded_at":"2026-09-10T01:16:47.659Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482643","source_sha256":"53b10180522506555d900fb641bd463a606df77910cf94b716dcc651c899c870"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2c6fd65f65cf1302186b30ff4876f385f79e6360b8e54cf9b9641233203bb5c1","downloaded_from":"2026-09-10T01:16:47.659Z","last_downloaded_at":"2026-09-10T01:16:47.659Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482643","source_sha256":"53b10180522506555d900fb641bd463a606df77910cf94b716dcc651c899c870"}},{"block":null,"heading":"Business Combinations","paragraphs":[{"citation":"740-10-60-2","para":"60-2","html":"<div class=\"asc-body\"><div class=\"norm-text\">For the required accounting for <a href=\"/glossary/i/#income-taxes\" class=\"term\" title=\"Domestic and foreign federal (national), state, and local (including franchise) taxes based on income.\"><span>income taxes</span></a> in connection with business combinations, see Subtopic <a altsource=\"GUID-6C368FE6-0D97-438E-9F55-1723E62AFAC6.ditamap\" class=\"ditamap\">805-740</a>.</div> </div>","snippet":"For the required accounting for income taxes in connection with business combinations, see Subtopic 805-740.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:82099328b2eb1c847a019f8c7ea3beaeb2419362a93eb918774dac0645debcc6","downloaded_from":"2026-09-10T01:16:47.659Z","last_downloaded_at":"2026-09-10T01:16:47.659Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482643","source_sha256":"53b10180522506555d900fb641bd463a606df77910cf94b716dcc651c899c870"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:349f455bd468307da35b9b3967d5931509cbae38edffce8853342f2156860ab2","downloaded_from":"2026-09-10T01:16:47.659Z","last_downloaded_at":"2026-09-10T01:16:47.659Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482643","source_sha256":"53b10180522506555d900fb641bd463a606df77910cf94b716dcc651c899c870"}},{"block":null,"heading":"Reorganizations","paragraphs":[{"citation":"740-10-60-3","para":"60-3","html":"<div class=\"asc-body\"><div class=\"norm-text\">For the required accounting for income taxes in connection with reorganizations, see Topic <a altsource=\"GUID-3AE0526C-5006-4FF4-AB5D-260757DF1EAB.ditamap\" class=\"ditamap\">852</a>.</div> </div>","snippet":"For the required accounting for income taxes in connection with reorganizations, see Topic 852.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:768fa01a0c5d892a222d7ba3b0d8e9dbe4c2d7a975de61f2404661f8dfbdb071","downloaded_from":"2026-09-10T01:16:47.659Z","last_downloaded_at":"2026-09-10T01:16:47.659Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482643","source_sha256":"53b10180522506555d900fb641bd463a606df77910cf94b716dcc651c899c870"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:78e96b810455d0bef6f97d749be601ab40f567ae5665bb39b09ac77e696661c3","downloaded_from":"2026-09-10T01:16:47.659Z","last_downloaded_at":"2026-09-10T01:16:47.659Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482643","source_sha256":"53b10180522506555d900fb641bd463a606df77910cf94b716dcc651c899c870"}},{"block":null,"heading":"Leases","paragraphs":[{"citation":"740-10-60-4","para":"60-4","html":"<div class=\"asc-body\"><div class=\"norm-text\">For the specific requirements for accounting for income taxes related to <a href=\"/glossary/l/#leveraged-lease\" class=\"term\" title=\"From the perspective of a lessor, a lease that was classified as a leveraged lease in accordance with the leases guidance in effect before the effective date and for which the commencement date is before the effective date.\"><span>leveraged leases</span></a>, see Subtopic <a altsource=\"GUID-9B3AE0B5-9ADC-4C23-8C50-44ABCF9238C9.ditamap\" class=\"ditamap\">842-50</a>.</div> </div>","snippet":"For the specific requirements for accounting for income taxes related to leveraged leases, see Subtopic 842-50.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d9910deed405bc8f1b168859fa86855e7e61cdeba225bab11511e2185bf6efac","downloaded_from":"2026-09-10T01:16:47.659Z","last_downloaded_at":"2026-09-10T01:16:47.659Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482643","source_sha256":"53b10180522506555d900fb641bd463a606df77910cf94b716dcc651c899c870"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a6ffd6f9ba1531bbcad0b868b33aef584493493fbf5d172d6acd36b9fa7598d7","downloaded_from":"2026-09-10T01:16:47.659Z","last_downloaded_at":"2026-09-10T01:16:47.659Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482643","source_sha256":"53b10180522506555d900fb641bd463a606df77910cf94b716dcc651c899c870"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1bd31ee196f2e7041ea76fc840a1fc9774a339286499ad4ea72763effcfb7fc7","downloaded_from":"2026-09-10T01:16:47.659Z","last_downloaded_at":"2026-09-10T01:16:47.659Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482643","source_sha256":"53b10180522506555d900fb641bd463a606df77910cf94b716dcc651c899c870"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1bd31ee196f2e7041ea76fc840a1fc9774a339286499ad4ea72763effcfb7fc7","downloaded_from":"2026-09-10T01:16:47.659Z","last_downloaded_at":"2026-09-10T01:16:47.659Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482643","source_sha256":"53b10180522506555d900fb641bd463a606df77910cf94b716dcc651c899c870"}}