{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/740/944/#50-disclosure","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":"740-944","subtopic_title":"Financial Services—Insurance","section":{"number":"50","label":"50 Disclosure","anchor":"50-disclosure","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"740-944-50-1","para":"50-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_08D98DA2-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The following information shall be disclosed if a deferred tax liability is not recognized because of the exceptions to comprehensive recognition of deferred taxes for any of the areas addressed by Section <a altsource=\"GUID-7958AA0A-7DBB-49C1-ABB1-099225AE13D3.ditamap\" class=\"ditamap\">740-10-25</a>: </span></span><ol class=\"ol-norm\"><li class=\"li-norm\"><span class=\"linum\">a</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_08D98EEC-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">A description of the types of temporary differences for which a deferred tax liability has not been recognized and the types of events that would cause those temporary differences to become taxable </span></span></div></li><li class=\"li-norm\"><span class=\"linum\">b</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_08D98FD7-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The cumulative amount of each type of temporary difference </span></span></div></li><li class=\"li-norm\"><span class=\"linum\">c</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_08D990B9-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The amount of the deferred tax liability for temporary differences other than the policyholders' surplus of a <a href=\"/glossary/l/#life-insurance-entity\" class=\"term\" title=\"An entity that can issue annuity, endowment, and accident and health insurance contracts as well as life insurance contracts. Life insurance entities may be either stock or mutual entities.\"><span>life insurance entity</span></a> that is not recognized in accordance with the provisions of paragraph <a href=\"/asc/740/10/#740-10-25-3\" class=\"xref\">740-10-25-3</a>. </span></span></div></li></ol></div></div>","snippet":"The following information shall be disclosed if a deferred tax liability is not recognized because of the exceptions to comprehensive recognition of deferred taxes for any of the areas addressed by Section 740-10-25:\n(a)…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6a14e62db2072998afc5bf7310277ef5fc9215a54a593bc17bb569ec6e320e45","downloaded_from":"2026-09-10T01:20:50.151Z","last_downloaded_at":"2026-09-10T01:20:50.151Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478822","source_sha256":"4360ddaa4aa6727bdc838b8e9a6df3d597a5f53e02a76fdda05891900f7cafce"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:cccb5a9fb1fff9b2663665b2af0d0c18e101d918df5d69b47f73aa7165078a53","downloaded_from":"2026-09-10T01:20:50.151Z","last_downloaded_at":"2026-09-10T01:20:50.151Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478822","source_sha256":"4360ddaa4aa6727bdc838b8e9a6df3d597a5f53e02a76fdda05891900f7cafce"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fac8e888386cbc53c716b2b29693d544bf0719cf67ec73bcd17ea2121bc7d239","downloaded_from":"2026-09-10T01:20:50.151Z","last_downloaded_at":"2026-09-10T01:20:50.151Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478822","source_sha256":"4360ddaa4aa6727bdc838b8e9a6df3d597a5f53e02a76fdda05891900f7cafce"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fac8e888386cbc53c716b2b29693d544bf0719cf67ec73bcd17ea2121bc7d239","downloaded_from":"2026-09-10T01:20:50.151Z","last_downloaded_at":"2026-09-10T01:20:50.151Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478822","source_sha256":"4360ddaa4aa6727bdc838b8e9a6df3d597a5f53e02a76fdda05891900f7cafce"}}