26 June 2019

EY publication highlights accounting implications of 2019 Q2 tax developments

The Quarterly tax developments for the quarter ended June 30 is attached below. Prepared by Ernst & Young LLP's Tax Accounting group, this publication provides a quarterly overview of enacted tax legislation, regulatory developments and other items through June 14, 2019, as well as select developments after that date. Highlights of this edition include:

 — Tax legislation enacted in the second quarter

 — Tax legislation effective in the second quarter

 — Other developments

 — Things we have our eyes on

 — Discussion of the FASB’s proposal under ASC 740 to simplify the accounting for income taxes

 To the extent jurisdictions with significant economies enact income tax changes before the quarter close, we will update this publication through June 30, 2019.

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RELATED RESOURCES

 — For more information about EY's Tax Accounting services, visit us at www.ey.com/US/TaxAccounting

 — For more information about EY's Tax Accounting University education program for clients, visit us at www.ey.com/TAU

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Contact Information
For additional information concerning this Alert, please contact:
 
Tax Accounting and Risk Advisory Services
Angela Evans(404) 817-5130
Joan Schumaker(212) 773-8569
George Wong(212) 773-6432

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ATTACHMENT

Document ID: 2019-1174