ASCG comment letter to the IFRS IC

Today, we have submitted a comment letter to the IFRS IC, addressing one issue that has been discussed during the IFRS IC’s meetings in March and in May 2018.

The issue is about accounting for voluntary payments relating to taxes other than income taxes. We consider the IFRS IC’s findings in respect of this issue addressing the issue neither precisely nor sufficiently. We deem the issue being part of a broader question of accounting for any kind of “voluntary payments”, that appears to be unclear and deserves being addressed.