Commission Regulation (EU) No 2018/1595 of 23 October 2018

The Commission Regulation (EU) No 2018/1595 of 23 October 2018, published in the Official Journal of the European Union L 265 on 24 October 2018, adopts Interpretation IFRIC 23 Uncertainty over Income Tax Treatments. IFRIC 23 specifies how to reflect uncertainty in accounting for income taxes.

Each company shall apply the standard, at the latest, as from the commencement date of its first financial year starting on or after 1 January 2019.