# ASC 740-10-S25: Income Taxes — Overall — SEC 25 Recognition

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/740/10/#sec-25-recognition)

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## ASC 740-10-S25: SEC 25 Recognition

[Read section](https://asc.understandingaccounting.org/asc/740/10/#sec-25-recognition)

SEC content: yes

#### Acquired Temporary Differences in Certain Purchase Transactions that Are Not Accounted for as Business Combinations

##### [740-10-S25-1](https://asc.understandingaccounting.org/asc/740/10/#740-10-S25-1)

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See paragraph [740-10-S99-3](https://asc.understandingaccounting.org/asc/740/10/#740-10-S99-3), SEC Observer Comment: Accounting for Acquired Temporary Difference in Certain Purchase Transactions that Are Not Accounted for as Business Combinations, for SEC Staff views on accounting for such transactions.

#### Income Tax Accounting Implications of the Tax Cuts and Jobs Act

##### [740-10-S25-2](https://asc.understandingaccounting.org/asc/740/10/#740-10-S25-2)

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See paragraph [740-10-S99-2A](https://asc.understandingaccounting.org/asc/740/10/#740-10-S99-2A), SAB Topic 5.EE, for SEC Staff views on income tax accounting implications of the Tax Cuts and Jobs Act.