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FASB’s tax rules avert funding threat
Yahoo Finance· 2025-11-13 23:42
This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. The Financial Accounting Standards Board has averted political pressure to rescind income tax disclosure rules (Topic 740) issued in 2023, with the spending bill signed into law this week by President Donald Trump not including a provision tucked in an earlier proposal that threatened FASB funding if it did not withdraw the standard.    While FASB is an independent entity fu ...