Market leading insight for tax experts
View online issue

International Accounting Standards

Anne Fairpo continues our series on the taxation of intellectual property, this week concentrating on the impact that complying with international accounting standards will have on the sector

 
Anne Fairpo continues our series on the taxation of intellectual property this week concentrating on the impact that complying with international accounting standards will have on the sector
 
The Finance Bill contains measures to ensure that companies adopting International Accounting Standards receive broadly equivalent tax treatment to companies continuing to use UK GAAP (generally accepted accounting practice).
 
The International Accounting Standards recognised by the Inland Revenue are those adopted by the European Commission; from 1 January 2005 publicly listed companies within the EU will have to produce accounts in accordance with international accounting standards rather than domestic standards. The UK will also allow other...

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
EDITOR'S PICKstar
Top