SIC-25 Income Taxes Changes in the Tax Status of an Entity or its Shareholders

Last Updated on 12/02/2020 by 75385885

SIC-25 Income Taxes Changes in the Tax Status of an Entity or its Shareholders

References

Issue

1 A change in the tax status of an entity or of its shareholders may have consequences for an entity by increasing or decreasing its tax liabilities or assets. This may, for example, occur upon the public listing of an entity’s equity instruments or upon the restructuring of an entity’s equity. It may also occur upon a controlling shareholder’s move to a foreign country. As a result of such an event, an entity may Read more