Appendix J — Roadmap Updates for 2025 | DART – Deloitte Accounting Research Tool

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Appendix J — Roadmap Updates for 2025

The tables below summarize the substantive changes made in the 2025 edition of this Roadmap.

New Content

Section	Title	Description
7.3.2.1.1	Retroactive Changes in Tax Laws That Only Affect the Timing of a Deduction	Added section (including Example 7-12) to address the accounting impact of a change in tax law that affects the timing of the deduction. Renumbered subsequent examples.
D.8.2.1	Note B — Statement of Cash Flows: Before Adoption of ASU 2023-09	Added section to illustrate disclosure before adoption of ASU 2023-09.
D.8.2.2	Note B — Statement of Cash Flows: After Adoption of ASU 2023-09	Added section to illustrate disclosure after adoption of ASU 2023-09.
D.8.4.2.2	Rate Reconciliation: After Adoption of ASU 2023-09	Added section to illustrate rate reconciliation disclosure after adoption of ASU 2023-09.
Appendix G	Accounting Considerations Related to the New U.S. Tax Legislation	Added appendix to address income tax accounting implications of the 2025 Act.

Amended or Deleted Content

Section	Title	Description
On the Radar		Updated to reflect recent tax legislation and other developments.
3.2.1.4	Foreign-Derived Intangible Income	Added Changing Lanes to address modifications made by the 2025 Act.
3.3.4.12	Measurement of Deferred Taxes When Entities Are Subject to BEAT	Added Changing Lanes to address modifications made by the 2025 Act.
3.4.10	GILTI	Added Changing Lanes to address modifications made by the 2025 Act.
3.4.17.2	Recognition of a DTA or DTL Related to a Subsidiary Classified as Held for Sale	Updated section title.
4.5.2	New Information	Expanded discussion of subsequent events and the recognition of uncertain tax positions.
5.1	Introduction	Added Changing Lanes to address modifications made by the 2025 Act.
5.7.2	Assessing Realization of a DTA for Regular Tax NOL Carryforwards When Considering Future GILTI Inclusions	Added Changing Lanes to address modifications made by the 2025 Act.
6.2.4	Out-of-Period Items	Relocated Example 6-5 from Section 6.2.4.1.
7.2.3.1.1	Foreign Losses Providing a Tax Benefit by Reducing a GILTI Inclusion	Added Changing Lanes to address modifications made by the 2025 Act.
8.2.3	Separate Financial Statements of Legal Entities That Are Both Not Subject to Tax and Disregarded by the Taxing Authority	Expanded discussion of foreign entities that have made the check-the-box election to be disregarded as separate entities.
9.8	Changes in U.S. Deferred Income Taxes Related to a Foreign Branch CTA	Amended discussion to reflect regulations issued in 2024 by the U.S. Treasury and IRS.
10.2.3	Determining Deductibility of Awards Under IRC Section 162(m)	Added Changing Lanes to address modifications made by the 2025 Act.
11.3.6.7	GILTI Considerations in a Business Combination	Added Changing Lanes to address modifications made by the 2025 Act.
11.7.1.1.1	Asset Sale	Removed discussion. See Section 6.2.7.3.1.1 for applicable guidance.
11.7.1.1.2	Stock Sale	Removed discussion. See Section 6.2.7.3.1.2 for applicable guidance.
12.3.4.1	Approach 1 — Account for ITCs as an Income Tax Benefit	Removed reference to guidance that was superseded by ASU 2023-02.
14.3.1	Rate Reconciliation	Added Changing Lanes to address modifications made by ASU 2023-09.
14.3.1.1	Evaluating Significance of Reconciling Items in the Rate Reconciliation	Added Changing Lanes to address modifications made by ASU 2023-09.
14.3.1.2	Appropriate Federal Statutory Rate for Use in the Rate Reconciliation of a Foreign Reporting Entity	Added Changing Lanes to address modifications made by ASU 2023-09.
14.3.1.3	Computing the “Foreign Rate Differential” in the Rate Reconciliation	Added Changing Lanes to address modifications made by ASU 2023-09.
14.4.3	Disclosure of UTBs That Could Significantly Change Within 12 Months of the Reporting Date	Added Changing Lanes to address modifications made by ASU 2023-09.
14.6	Disclosure of the Components of Income (or Loss) Before Income Tax Expense (or Benefit) as Either Foreign or Domestic	Added Changing Lanes to address modifications made by ASU 2023-09.
14.7.1	Change in Tax Status to Taxable: Pro Forma Financial Reporting Considerations	Revised guidance to reflect updates to the FRM.
14.8	Statement of Cash Flows	Added Changing Lanes to address modifications made by ASU 2023-09.
Appendix B	Income Tax Disclosure Considerations Related to the Adoption of ASU 2023-09	Enhanced discussion throughout appendix of disclosure requirements under ASU 2023-09.

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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.