Subscribe

  • How Can We Help You?

    Global Problem Solving from Covington: Deal with Complex Problems Anywhere in the World

SEC Staff Publishes Guidance Regarding Disclosure and New Tax Act

Alert December 28, 2017

  • News and Insights
  • SEC Staff Publishes Guidance Regarding Disclosure and New Tax Act

SEC Staff Publishes Guidance Regarding Disclosure and New Tax Act

December 28, 2017, Covington Alert

On December 22, 2017, the President signed the Tax Cuts and Jobs Act of 2017 (the “2017 Tax Act”). On the same day, the staff of the SEC’s Office of the Chief Accountant and Division of Corporation Finance (the “Staff”) issued guidance regarding the 2017 Tax Act in Staff Accounting Bulletin No. 118 (“SAB 118”),1 which addresses certain financial statement impacts of the 2017 Tax Act, and in a new Compliance and Disclosure Interpretation addressing the impact of the 2017 Tax Act on a company’s obligations under Form 8-K. This advisory summarizes that guidance.

View More

Related Professionals

Share links:

Share links:

Related Practices

Related News & Insights