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FASB ASC Topic 740, Income Taxes

Authoritative US GAAP research starting point for current and deferred tax, realization, uncertain positions, allocation, presentation, and disclosure.

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Publisher
Financial Accounting Foundation
Standing
Primary authority
Version
Topic 740 as accessed 2026-08-08
Relevant parts
Topic 740; especially Subtopics 740-10, 740-20, 740-30, and 740-270
Currency
current · checked Aug 8, 2026

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Topic 740 starts from recognized book events and tax-return consequences. The close must preserve tax bases, future taxable and deductible amounts, enacted reversal-period rates, realization evidence, uncertain-position evidence, and statement location before the provision can be released.