# ASC 740-944-50: Income Taxes — Financial Services—Insurance — 50 Disclosure

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/740/944/#50-disclosure)

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## ASC 740-944-50: 50 Disclosure

[Read section](https://asc.understandingaccounting.org/asc/740/944/#50-disclosure)

SEC content: no

##### [740-944-50-1](https://asc.understandingaccounting.org/asc/740/944/#740-944-50-1)

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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:

1.  a
    
    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
    
2.  b
    
    The cumulative amount of each type of temporary difference
    
3.  c
    
    The amount of the deferred tax liability for temporary differences other than the policyholders' surplus of a [life insurance entity](https://asc.understandingaccounting.org/glossary/l/#life-insurance-entity "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.") that is not recognized in accordance with the provisions of paragraph [740-10-25-3](https://asc.understandingaccounting.org/asc/740/10/#740-10-25-3).