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Image header Agence Europe
Europe Daily Bulletin No. 13186
Contents Publication in full By article 28 / 38
ECONOMY - FINANCE - BUSINESS / Taxation

IASB publishes amendments on accounting for deferred taxes following OECD agreement

The International Accounting Standards Board (IASB) published on Tuesday 23 May amendments to accounting standard ‘IAS 12’, in accordance with the rules of the second pillar model issued by the Organisation for Economic Co-operation and Development (OECD). In April, the IASB confirmed its intention to amend this standard in order to avoid companies having to recognise deferred taxes resulting from the implementation of the Pillar Two model rules (see EUROPE B13160A16).

This temporary...

Contents

BEACONS
Beacons: What is the European Education Area, anyway? (1/2)
SECTORAL POLICIES
ENERGY: electricity market reform, European Parliament rapporteur’s proposal on capping revenues of sub-marginal generators is debated
ENERGY: Energy Community Parliamentary Plenum reports on progress in energy transition and restoration of Ukrainian energy system
RESEARCH: European research ministers want open-access model for scientific publishing for authors and readers
RESEARCH: European ministers seek open but secure international cooperation in R&I
INDUSTRY: report on construction products adopted in European Parliament’s Committee on Internal Market
INDUSTRY: Euro 7, eight Member States oppose Commission’s proposal
INTERNAL MARKET/TRADE: part of European Parliament urges EU Council to advance work on regulation against forced labour
DIGITAL: Cyber Resilience Act, MEPs stress importance of easing burden on micro-enterprises and SMEs
DIGITAL: Irish Data Protection Commission defends its work in European Parliament
TRANSPORT: Swedish Presidency fine-tunes its compromise proposal on developing trans-European transport network
HOME AFFAIRS: freezing and confiscating assets of criminal groups, MEPs ready to negotiate with EU Council
HOME AFFAIRS: police cooperation, European Parliament’s Committee on Civil Liberties excludes driving licences from automated data exchange
JUSTICE: in Ljubljana, Didier Reynders says that fight against impunity for international crimes in Ukraine is “priority of his mandate”
AGRICULTURE: European Parliament’s Committee on Agriculture rejects proposal on nature restoration
AGRICULTURE: European Commission considers it too costly to provide for detailed labelling of origin of honey in cases of mixtures
CLIMATE: Urban Transitions Mission launches a new call to support cities in their climate and energy planning
Russian invasion of Ukraine
UKRAINE: EU has delivered 220,000 rounds of ammunition of all calibres to Ukrainian army
AGRICULTURE: farmers from five EU countries call for re-introduction of customs duties on Ukrainian agricultural products
STATE AID: European Commission allows Poland to support its farmers to tune of around €1 billion
ECONOMY: Ukraine receives €1.5 billion in macro-financial assistance
RUSSIA: EU denounces Russian attempts to undermine work of International Criminal Court
SECURITY - DEFENCE
SPACE: EU Council calls for a European approach to space traffic management
DEFENCE: eleven new projects under EU’s permanent structured cooperation
CSDP: a new EU Civilian CSDP Compact
EXTERNAL ACTION
DEVELOPMENT/ENVIRONMENT: MEPs call on EU to act on UN Sustainable Development Goals
ECONOMY - FINANCE - BUSINESS
FINANCE: ‘ESAP’, European Parliament and EU Council reach provisional political agreement on Single Access Point
TAXATION: IASB publishes amendments on accounting for deferred taxes following OECD agreement
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
FUNDAMENTAL RIGHTS: manifesto to support disability rights for European elections
WOMEN’S RIGHTS: towards EU ratification of Istanbul Convention in early June
MEDIA: European Parliament Committee on Civil Liberties adopts its position on ‘anti-SLAPPs’ Directive
DEMOCRACY: transparency and targeting of political advertising, Sandro Gozi believes an interinstitutional agreement could be reached on 5 June
NEWS BRIEFS
FOOD: EU legislative package on ‘soil health’ and ‘new GMOs’ rescheduled for 5 July
COHESION: opening of Budapest metro line renovated with EU funds
CONSUMERS: MEPs endorse provisional European Parliament/EU Council agreement on ‘credit agreements in digital age’ directive
INDUSTRY: MEPs approve provisional agreement on Chips Act
FISHERIES: European Commission proposals on new EU-Kiribati fisheries agreement 
DRC: EU condemns violent crackdown against opposition demonstrators