SIC 25 - Changes in the Tax Status of an Enterprise or its Shareholders
Published July 2000. Effective 15 July 2000.
Free to view
Financial Reporting Faculty members only
SIC 25 concludes that a change in the tax status of an entity or its shareholders does not give rise to increases or decreases in amounts recognised in equity.
It therefore requires that the current and deferred tax consequences of a change in tax status are included in profit or loss for a period, unless they relate to transactions recognised directly in equity or as other comprehensive income. Where tax consequences do relate to transactions recognised directly in equity or as other comprehensive income, then they too are recognised directly in equity or as other comprehensive income.
Which version of the interpretation?
'Which version of the interpretation?' is only available to members of the Financial Reporting Faculty. Please note that to access electronic versions of IFRS through the links in these standard trackers you need to have first logged into eIFRS.
|Annual period starts
||Effective version of standard
||Notes on amendments|
|On or after 1 January 2018||SIC 25 2021 Required Standards
IFRSs referred to by SIC 25
This page was last updated 21 January 2021
How standards trackers work
Financial Reporting Faculty members get full access. Login to get the version of the standard relevant to specific time periods via eIFRS.
ICAEW members and non-members can view a brief synopsis, amendments and details of current proposals.