Accounting for Income Taxes

Status

Issued:
February 1992

Effective Date:
fiscal years beginning after December 15, 1992

Affects:
Amends ARB 43, Chapter 9C, paragraph 5
Replaces ARB 43, Chapter 9C, paragraphs 11 through 13
Deletes ARB 43, Chapter 10B and Chapter 11B, paragraph 8
Deletes ARB 44, (Revised), related letter dated April 15, 1959
Supersedes ARB 44 (Revised)
Reinstates ARB 51, paragraph 17
Supersedes APB 1
Replaces APB 2, paragraph 16
Deletes APB 6, paragraphs 20 through 23 and footnotes 7 and 8
Supersedes APB 11
Amends APB 16, paragraphs 87 and 88
Amends APB 17, paragraph 30
Amends APB 21, footnote 8*
Amends APB 23, paragraphs 9, 13,* 21, and 23 and footnotes 7* and 9
Replaces APB 23, paragraphs 10, 11, 14, and 24
Deletes APB 23, footnotes 3, 4, 6, and 10
Supersedes APB 24
Amends APB 25, paragraph 17
Amends APB 28, paragraphs 19* and 20 and footnotes 2 and 3
Amends APB 29, paragraph 27*
Amends APB 30, paragraph 7
Deletes AIN-APB 4, Interpretations No. 4 and 6
Supersedes AIN-APB 11, Interpretations No. 1 through 25
Deletes AIN-APB 15, Interpretations No. 13 and 16
Amends AIN-APB 18, Interpretations No. 1 and 2*
Supersedes AIN-APB 23, Interpretation No. 1
Amends AIN-APB 25, Interpretation No. 1
Amends FAS 12, paragraph 22*
Amends FAS 13, paragraph 47
Replaces FAS 16, paragraph 11
Amends FAS 16, paragraph 13 and footnotes 3 and 4
Deletes FAS 16, footnote 5
Amends FAS 19, paragraphs 59U, 59Y(c), 61, and 62
Supersedes FAS 31
Replaces FAS 37, paragraph 4 and footnote (*) of paragraph 4
Deletes FAS 37, paragraphs 17, 18, and 26 through 29 and footnotes 1 through 3 and footnote (†) of paragraph 4
Amends FAS 37, paragraphs 19,* 20, 21,* 22,* 23, 24,* and 25*
Amends FAS 38, paragraphs 2 and 5
Replaces FAS 38, footnote 2
Amends FAS 44, paragraph 6*
Amends FAS 52, paragraphs 22,* 23,* 24,* and 48
Amends FAS 57, paragraph 2
Replaces FAS 60, paragraphs 55 and 60(i)
Deletes FAS 60, paragraphs 56 through 58 and 60(j) and footnote 8
Amends FAS 60, paragraph 59
Amends FAS 69, paragraphs 26, 30(c), 40, and 41
Replaces FAS 71, paragraph 18
Amends FAS 71, paragraph 46
Deletes FAS 71, footnote 12
Amends FAS 87, paragraph 37*
Amends FAS 89, paragraphs 33* and 96
Amends FAS 90, paragraphs 14 and 27*
Supersedes FAS 96
Supersedes FAS 100
Amends FAS 101, paragraph 19*
Supersedes FAS 103
Supersedes FAS 108
Amends FIN 18, paragraphs 6,* 8, 16, 18, 40 through 43, 46 through 55, 58, 65, 66, and 68 and footnotes 2,* 19, and footnote (*) of paragraph 47
Replaces FIN 18, paragraphs 14, 15, 20, and 23
Deletes FIN 18, paragraphs 59 through 61 and 70 and footnotes 9 through 14, 18, 21 through 23 and 25
Supersedes FIN 22
Supersedes FIN 25
Supersedes FIN 29
Amends FIN 30, paragraph 5*
Amends FIN 31, footnote 1
Supersedes FIN 32
Amends FTB 79-9, paragraph 3
Amends FTB 79-16 (Revised), paragraph 4
Supersedes FTB 81-2
Replaces FTB 82-1, paragraph 5
Amends FTB 82-1, paragraph 7*
Supersedes FTB 83-1
Supersedes FTB 84-2
Supersedes FTB 84-3
Supersedes FTB 86-1
Deletes FTB 87-2, paragraphs 9 through 11, 13, and 22 through 33 and footnotes 4 and 8
Amends FTB 87-2, paragraphs 14,* 18,* 34,* 35,* 36,* 40,* 45,* and 46*
Amends FTB 88-2, paragraph 4*

Affected by:
Paragraph 8(a) replaced by FIN 48, paragraph C3(a)
Paragraphs 9(d), 26, 37, 45(f), 45(h), 48, 260, 262, and 265(e), amended by
FAS 141(R), paragraphs E22(a), E22(d), E22(h), E22(i), E22(j), E22(k), E22(m), E22(o), and E22(r), respectively
Paragraph 10 amended by FIN 48, paragraph C3(b)
Paragraph 11(h) amended by FAS 141, paragraphs E15(a) and E15(b); FAS 141(R) paragraph E22(b); and FAS 164, paragraph E9(a)
Paragraph 13 amended by FAS 141, paragraph E15(c), and FAS141(R), paragraph E42
Paragraph 16 amended by FAS 141(R), paragraph E22(c), and FAS 164, paragraph E9(b)
Paragraph 30 amended by FAS 141, paragraph E15(d), and FAS 141(R), paragraph E22(e)
Paragraph 30A and footnote 8a added by FAS 141(R), paragraph E22(f)
Paragraph 33 amended by FAS 160, paragraph C2, and Accounting Standards
Update 2010-08, paragraph A19(c)
Paragraphs 35 and 36 amended by FAS 130, paragraph 32
Paragraph 36(b) amended by FAS 115, paragraph 133
Paragraphs 36(d) and 270 amended by FAS 141, paragraphs E15(e) and E15(g), respectively
Paragraph 36(e) amended by FAS 123, paragraph 390, and FAS 123(R), paragraph D13
Paragraph 259 amended by FAS 141, paragraph E15(f); FAS 141(R), paragraph E22(l); and FAS 164, paragraph E9(c)
Paragraph 261 amended by FAS 141(R), paragraph E22(n), and FAS 164, paragraph E9(d)
Paragraph 263 replaced by FAS 141(R), paragraph E22(p)
Paragraph 264 amended by FAS 141(R), paragraph E22(q), and FAS 164, paragraph E9(e)
Paragraph 266 amended by FAS 141(R), paragraph E22(s), and FAS 164, paragraph E9(f)
Paragraphs 268 and 269 deleted by FAS 141(R), paragraph E22(t)
Paragraph 276 amended by FAS 135, paragraph 4(s)
Paragraph 289 amended by FIN 48, paragraph C3(c), and FSP FAS 126-1, paragraph A4
Footnote 9a added by FAS 141, paragraph E15(e), and amended by FAS 141(R) paragraph E22(g)
Footnote 18a added by FAS 141, paragraph E15(g), and amended by FAS 141(R) paragraph E22(u), and FAS 164, paragraph E9(g)

Other Interpretive Releases:
FASB Special Report, A Guide to Implementation of Statement 109 on Accounting for Income Taxes: Questions and Answers (in Current Text Section I27)
FASB Staff Positions FAS 109-1 and FAS 109-2
FASB Staff Positions FIN 48-1 through FIN 48-3

AICPA Accounting Standards Executive Committee (AcSEC)

Related Pronouncements:
SOP 76-3
SOP 93-6
SOP 94-6
PB 14

Issues Discussed by FASB Emerging Issues Task Force (EITF)

Affects:
Nullifies EITF Issues No. 84-43, 85-3, 85-15, 85-33, 86-1, 86-4, 86-37, 86-41, and 86-42
Partially nullifies EITF Issues No. 86-3 and 87-8
Resolves EITF Issues No. 84-1, 84-2, 84-27, 85-5, 86-11, 87-28, and 91-3 and Topic No. D-7
Partially resolves EITF Issues No. 85-41 and 88-5
Affects EITF Issues No. 86-31, 88-19, and 91-8

Interpreted by:
Paragraph 9 interpreted by EITF Topic No. D-31
Paragraph 9(f) interpreted by EITF Issues No. 92-8 and 93-9 and Topic No. D-56
Paragraph 11 interpreted by EITF Issue No. 93-9
Paragraphs 15 and 31 interpreted by EITF Issue No. 93-16
Paragraph 17 interpreted by EITF Issue No. 94-1 and Topic No. D-31
Paragraph 18 interpreted by EITF Issue No. 95-10
Paragraph 19 interpreted by EITF Issue No. 95-20
Paragraph 26 interpreted by EITF Issue No. 94-10
Paragraph 27 interpreted by EITF Issues No. 93-12, 93-13, and 99-15 and Topic No. D-30
Paragraph 30 interpreted by EITF Issues No. 93-7 and 99-15
Paragraph 34 interpreted by EITF Issue No. 93-17
Paragraph 35 interpreted by EITF Issue No. 95-9 and Topic No. D-32
Paragraph 36 interpreted by EITF Issue No. 94-10 and Topic No. D-32
Paragraph 36(f) interpreted by EITF Issue No. 92-3
Paragraphs 37 and 38 interpreted by EITF Topic No. D-32
Paragraph 268 interpreted by EITF Topic No. D-33

Related Issues:
EITF Issues No. 85-31, 86-9, 88-4, 96-7, 98-11, 00-15, 02-13, 05-8, and 06-11


__________________________
^*Result of the amendment, at least in part, described in paragraph 287.
^**Note: Amendments as a result of the issuance of FAS 141(R) are effective for business combinations with an acquisition date on or after the beginning of the first annual reporting period beginning on or after 12/15/08.


Abbreviations for Accounting Pronouncements
FAS - FASB Statements
FIN - FASB Interpretations
FTB - FASB Technical Bulletins
APB - APB Opinions
AIN - AICPA Interpretations
ARB - Accounting Research Bulletins
CON - FASB Concepts
EITF - EITF Issues
Q&A - FASB Implementation Guides