Income Taxes

Income Taxes (November 2020)

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This Roadmap provides Deloitte’s insights into and interpretations of the income tax accounting guidance in ASC 740. The 2020 edition reflects Accounting Standards Updates (ASUs) issued by the FASB through October 31, 2020, and includes new and clarified guidance as well as pending content from recently issued ASUs.

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Summary of Changes Since Issuance (Links Are Available to Subscribers Only)

The following change was added to this Roadmap since its issuance in November 2020:

Date of Change	Section	Title
May 4, 2021	5.3.1.3	Using the Reversal of a DTL for an Indefinite-Lived Asset as a Source of Taxable Income After Enactment of the 2017 Act

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