Appendix I — Summary of Significant Changes | DART – Deloitte Accounting Research Tool

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Appendix H — Roadmap Updates for 2023

The tables below summarize the substantive changes made in the 2023 edition of this Roadmap.

New Content

Section	Title	Description
6.2.4.2	Intraperiod Allocation of Out-of-Period Items Related to Changes in UTBs	Added to address the intraperiod allocation of out-of-period items related to changes in UTBs.
8.4.3.2	DTAs Related to Tax Attributes Under the Modified Separate-Return Method	Added to discuss DTAs related to tax attributes under the modified separate-return method
10.2.11	Deferred Tax Effects of Awards Issued to Employees of Consolidated Partnerships	Added to provide guidance on share-based payment awards issued to the employees of consolidated partnerships.
12.7	Investments Accounted for Under the Proportional Amortization Method	Added to note that Deloitte’s Roadmap Equity Method Investments and Joint Ventures provides guidance on investments accounted for under the proportional amortization method in accordance with ASC 323-740.
14.4.1.8	Presentation in the Tabular Reconciliation of the Interaction of UTBs Between Jurisdictions	Added section and Example 14-4 to provide considerations related to the presentation of the tabular reconciliation of the interrelationship between UTBs in different jurisdictions.

Amended or Deleted Content

Section	Title	Description
On the Radar		Updated to reflect the status of FASB projects and other developments.
3.3.4.10	Consideration of U.S. AMT Credit Carryforwards	Added reference to the potential interrelationship between the corporate AMT and an entity’s valuation allowance assessment under the Inflation Reduction Act. Also added Changing Lanes to address Pillar Two tax considerations.
3.5.8	Leases	Updated to reflect current guidance. Deleted Section 3.5.8.1, Deferred Tax Consequences of Synthetic Leases.
3.5.9	Consequences of Investments in Debt and Equity Securities	Updated to reflect current guidance; moved guidance on the accounting for temporary differences related to ITCs to Section 12.2.
5.7.4	Unrealized Losses on AFS Debt Securities Recognized in OCI	Clarified guidance on the impact of AFS securities in the assessment of the need for a valuation allowance.
6.2.10	Exception to the General Rule	Deleted section; guidance superseded.
6.2.11	Application of ASC 740-20-45-7 to Amounts Credited Directly to APIC	Deleted section; guidance superseded.
6.2.12	Application of ASC 740-20-45-7 to Foreign Currency Exchange Gains	Deleted section; guidance superseded.
6.2.13	Consideration of Credit Entries for Reclassification Adjustments That Are Recorded in OCI During the Reporting Period When the Exception to the General Intraperiod Tax Allocation Rule Is Applied	Deleted section; guidance superseded.
6.2.14	Application of ASC 740-20-45-7 to Recoveries of Losses in AOCI	Deleted section; guidance superseded.
6.2.15	Implications of the Character of Income (or Loss) When the Exception to the General Intraperiod Tax Allocation Rule Is Applied	Deleted section; guidance superseded.
7.3.1.2	YTD Pretax Loss Exceeds the Anticipated Pretax Loss for the Full Year	Deleted section; guidance superseded.
7.4.2	Intraperiod Tax Allocation When There Is a Loss From Continuing Operations and Income in Discontinued Operations	Deleted section; guidance superseded.
8.2.3	Separate Financial Statements of Single-Member LLCs	Expanded to address the separate financial statements of legal entities that are not subject to tax and are disregarded by the taxing authority.
8.3.4.3	Allocating Benefits to a Subsidiary for Parent’s Interest Expense	Renumbered from Section 8.3.5.
8.3.5	“Return-to-Provision” adjustments in Separate or Carve-Out Financial Statements	Renumbered from Section 8.3.6.
8.4.3.1	Recognition and Presentation of DTAs Related to Tax Attributes Under the Separate-Return Method	Renumbered from Section 8.4.6.
10.7	Deferred Tax Effects of Replacement Awards Issued in a Business Combination	Updated to note that guidance has been moved to Sections 11.6.3 and 11.6.4.
11.1.4	Other General Considerations	Deleted section; guidance superseded.
11.3.2.4	Impairment Testing	Updated to reflect current guidance in ASC 350; updated and renumbered subsequent subsections.
11.3.6.5	Accounting for Assets Acquired in a Business Combination That Were Subject to an Intra-Entity Sale	Deleted section; guidance superseded. Renumbered subsequent sections.
11.6.3	Tax Effects of Replacement Awards Issued in a Business Combination That Would Not Ordinarily Result in Tax Deductions	Moved from Section 10.7.
11.6.4	Tax Effects of a Disqualifying Disposition in a Business Combination	Moved from Section 10.7.
12.2	Income Tax Credits	Updated guidance to incorporate discussion that was formerly in Section 3.5.9. Removed discussion of accounting for investments in qualified affordable housing projects.
12.3.1	Deferred Tax Consequences of an Investment in an Equity Method Investment	Updated discussion to reflect current guidance.
12.3.3	Change in Investment From a Subsidiary to an Equity Method Investee	Updated discussion to reflect current guidance.
12.3.4	Accounting for an ITC Received From an Investment in a Partnership Accounted for Under the Equity Method	Updated discussion to reflect current guidance.
12.3.4.2	Approach 2 — Apply a Model Similar to the Deferral Method	Added Changing Lanes to address amendments made by ASU 2023-02.
12.4	Noncontrolling Interests	Renumbered discussion from Section 12.2.
Appendix B	Changes Under ASU 2019-12	Deleted appendix; ASU 2019-12 fully adopted. Renumbered subsequent appendixes.
Appendix G	Emerging ASC 740 Issues: Recent Tax Legislation	Deleted appendix; guidance incorporated throughout Roadmap. Renumbered subsequent appendixes.

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This publication provides comprehensive guidance; however, it does not address all possible fact patterns, and the guidance is subject to change. Consult a Deloitte & Touche LLP professional regarding your specific issues and questions.