The Resource Finance Act 2020 Notes : Section 35: changes to accounting standards affecting leases

Finance Act 2020 Notes : Section 35: changes to accounting standards affecting leases

Label
Finance Act 2020 Notes : Section 35: changes to accounting standards affecting leases
Title
Finance Act 2020 Notes : Section 35: changes to accounting standards affecting leases
Creator
Subject
Language
eng
Summary
This article notes provisions of the Finance Act 2020 s.35 retrospectively amending the Finance Act 2019 Sch.14 para.13(1) concerning leases accounted for under International Financial Reporting Standard 16 (IFRS 16) as right-of-use leases, to ensure the spreading calculation rules apply to transitional adjustments where a right-of-use asset is first recognised in any accounting period beginning on or after 1 January 2019
Citation source
In: British tax review. - London. - (2020), no. 4 ; p. 458-460
http://library.link/vocab/creatorName
Everett, M. (Michael)
Geographic coverage
Europe
Language note
English
http://library.link/vocab/subjectName
  • accounting period
  • retroactivity
  • leasing
  • IFRS
  • corporate income tax
Label
Finance Act 2020 Notes : Section 35: changes to accounting standards affecting leases
Instantiates
Publication
Label
Finance Act 2020 Notes : Section 35: changes to accounting standards affecting leases
Publication

Library Locations

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      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.3736660 4.9336932
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