# ASC 740-10-65: Income Taxes — Overall — 65 Transition and Open Effective Date Information Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/740/10/#65-transition-and-open-effective-date-information) 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. Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure. Source downloaded (UTC): 2026-09-10T01:16:50.279Z to 2026-09-10T01:16:50.279Z Record version: sha256:b5084c2cf35eb56b7f3888181496bb8a28b4630a57212f45b6ce51468d4b641a Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 740-10-65: 65 Transition and Open Effective Date Information [Read section](https://asc.understandingaccounting.org/asc/740/10/#65-transition-and-open-effective-date-information) SEC content: no ##### [740-10-65-1](https://asc.understandingaccounting.org/asc/740/10/#740-10-65-1) Pending content: no Source downloaded (UTC): 2026-09-10T01:16:50.279Z to 2026-09-10T01:16:50.279Z Record version: sha256:b63d3670a5f9ec1d9024acb915b0c94050ac9403d2ea7bbd5707944f077f25ad Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Paragraph superseded on 07/01/2010 after the end of the transition period stated in FASB Staff Position FIN 48-3, _Effective Date of FASB Interpretation No. 48 for Certain Nonpublic Enterprises_. ##### [740-10-65-2](https://asc.understandingaccounting.org/asc/740/10/#740-10-65-2) Pending content: no Source downloaded (UTC): 2026-09-10T01:16:50.279Z to 2026-09-10T01:16:50.279Z Record version: sha256:6ce63e863cf8c8a8f3c290065e268c5ab8a6786c9542e97d8264d422ee218d14 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Paragraph superseded on 07/01/2010 after the end of the transition period stated in Accounting Standards Update No. 2009-06, _Income Taxes (Topic 740): Implementation Guidance on Accounting for Uncertainty in Income Taxes and Disclosure Amendments for Nonpublic Entities_. ##### [740-10-65-3](https://asc.understandingaccounting.org/asc/740/10/#740-10-65-3) Pending content: no Source downloaded (UTC): 2026-09-10T01:16:50.279Z to 2026-09-10T01:16:50.279Z Record version: sha256:6873d9eefecd085c4200de3037e143e085cb33dac71802b944f23f4a349cfccb Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Paragraph superseded on 06/23/2016 after the end of the transition period stated in Accounting Standards Update No. 2013-11, _Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists_. ##### [740-10-65-4](https://asc.understandingaccounting.org/asc/740/10/#740-10-65-4) Pending content: no Source downloaded (UTC): 2026-09-10T01:16:50.279Z to 2026-09-10T01:16:50.279Z Record version: sha256:3eed764ba640ac3cf5d1ad56f1cf0ded84df3b90aa80f2ca53434b68eae20d83 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Paragraph superseded on 07/17/2019 after the end of the transition period stated in Accounting Standards Update No. 2015-17, _Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes_. ##### [740-10-65-5](https://asc.understandingaccounting.org/asc/740/10/#740-10-65-5) Pending content: no Source downloaded (UTC): 2026-09-10T01:16:50.279Z to 2026-09-10T01:16:50.279Z Record version: sha256:bc2a33ba5b6d166452c827d9b49230cb78d1f25ffc3f0ff106f7a25fa4c58cb2 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Paragraph superseded on 08/19/2021 after the end of the transition period stated in Accounting Standards Update No. 2016-16, _Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory_. ##### [740-10-65-6](https://asc.understandingaccounting.org/asc/740/10/#740-10-65-6) Pending content: no Source downloaded (UTC): 2026-09-10T01:16:50.279Z to 2026-09-10T01:16:50.279Z Record version: sha256:f748d62dd5c50d9ce74540875fbe16cb3e45b7e69cd2ac4b6ac17d2ca1053a93 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Paragraph superseded on 07/20/2020 after the end of the transition period stated in Accounting Standards Update No. 2017-15, _Codification Improvements to Topic 995, U.S. Steamship Entities: Elimination of Topic 995_. ##### [740-10-65-7](https://asc.understandingaccounting.org/asc/740/10/#740-10-65-7) Pending content: no Source downloaded (UTC): 2026-09-10T01:16:50.279Z to 2026-09-10T01:16:50.279Z Record version: sha256:90cd8a644b40e986c48deb43de7bf0bb7cefe24a4458877196a21b7d485f3bb3 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Paragraph superseded on 08/19/2021 after the end of the transition period stated in Accounting Standards Update No. 2018-09, _Codification Improvements_. ##### [740-10-65-8](https://asc.understandingaccounting.org/asc/740/10/#740-10-65-8) Pending content: no Source downloaded (UTC): 2026-09-10T01:16:50.279Z to 2026-09-10T01:16:50.279Z Record version: sha256:7d4290b8417080e3183f559e04c2b5e9c408e17657a9463f8112c0bc843508c4 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Paragraph superseded on 07/10/2023 after the end of the transition period stated in Accounting Standards Update No. 2019-12, _Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes_. #### Transition Related to Accounting Standards Update No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures ##### [740-10-65-9](https://asc.understandingaccounting.org/asc/740/10/#740-10-65-9) Pending content: no Source downloaded (UTC): 2026-09-10T01:16:50.279Z to 2026-09-10T01:16:50.279Z Record version: sha256:7339e87f2b10b7b871ec22e5d5d3a05805dfa4c675c09938fa5ff1ea8f79eeed Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Accounting Standards Update 2023-09](https://asc.understandingaccounting.org/updates/asu-2023-09/) 2025-12-16 2024-12-16 2024-12-16 2025-12-16 2025-12-16 2025-12-16 2025-12-16 2025-12-16 2025-12-16 2025-12-16 2025-12-16 2025-12-16 2025-12-16 2025-12-16 2025-12-16 The following represents the transition and effective date information related to Accounting Standards Update No. 2023-09, _Income Taxes (Topic 740): Improvements to Income Tax Disclosures:_ 1. a The pending content that links to this paragraph shall be effective for [public business entities](https://asc.understandingaccounting.org/glossary/p/#public-business-entity "A public business entity is a business entity meeting any one of the criteria below. Neither a not-for-profit entity nor an employee benefit plan is a business entity. It is required by the U.S. Securities and Exchange Commission (SEC) to file or furnish financial statements, or does file or furnish financial statements (including voluntary filers), with the SEC (including other entities whose financial statements or financial information are required to be or are included in a filing). It is required by the Securities Exchange Act of 1934 (the Act), as amended, or rules or regulations promulgated under the Act, to file or furnish financial statements with a regulatory agency other than the SEC. It is required to file or furnish financial statements with a foreign or domestic regulatory agency in preparation for the sale of or for purposes of issuing securities that are not subject to contractual restrictions on transfer. It has issued, or is a conduit bond obligor for, securities that are traded, listed, or quoted on an exchange or an over-the-counter market. It has one or more securities that are not subject to contractual restrictions on transfer, and it is required by law, contract, or regulation to prepare U.S. GAAP financial statements (including notes) and make them publicly available on a periodic basis (for example, interim or annual periods). An entity must meet both of these conditions to meet this criterion. An entity may meet the definition of a public business entity solely because its financial statements or financial information is included in another entity's filing with the SEC. In that case, the entity is only a public business entity for purposes of financial statements that are filed or furnished with the SEC.") for annual periods beginning after December 15, 2024. 2. b For entities other than public business entities, the pending content that links to this paragraph shall be effective for annual periods beginning after December 15, 2025. 3. c Early adoption of the pending content that links to this paragraph is permitted for annual financial statements that have not yet been issued (or made available for issuance). 4. d An entity shall apply the pending content that links to this paragraph on a prospective basis to financial statements for annual periods beginning after the effective date. Retrospective application to each period presented in the financial statements is permitted.