# ASC 740-980-05: Income Taxes — Regulated Operations — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

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## ASC 740-980-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/740/980/#05-overview-and-background)

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##### [740-980-05-1](https://asc.understandingaccounting.org/asc/740/980/#740-980-05-1)

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This Subtopic provides guidance on accounting for income taxes for entities with regulated operations.