Accounting Standards Update · 2023

ASU 2023-09 — Income Taxes (Topic 740)—Improvements to Income Tax Disclosures

The amendments in this Update provide more transparency about income tax information through improvements to income tax disclosures primarily related to the rate reconciliation and income taxes paid information.

This Accounting Standards Update is the final version of Proposed Accounting Standards Update 2023-ED100—Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which has been deleted.

For more information, see the following:

Accounting Standards Update No. 2023-09—Income Taxes (Topic 740)—Improvements to Income Tax Disclosures (PDF)

Issued: December 14, 2023

Text as published in the FASB Accounting Standards Codification, Basic View.