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U.K. Adopts Accounting Standard Changes for Pillar 2 Tax Rules

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U.K. Adopts Accounting Standard Changes for Pillar 2 Tax Rules

  • By Stephanie Soong

In response to OECD global minimum tax rules, the U.K. Endorsement Board has accepted amendments to a key international accounting standard that provides temporary relief from deferred tax accounting and targeted disclosure requirements.

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