Federal Reserve Board final rule - Changes to treatment of deferred taxes 

July 18:  The Federal Reserve Board in July 2013 unanimously voted to adopt a final rule that carries out U.S. implementation of the Basel III capital guidelines by revising risk-based and leverage capital requirements for banking organizations, as well as some modifications required by the Dodd-Frank Act.

The final rule also includes changes related to treatment of deferred taxes.


Read a July 2013 report [PDF 105 KB] prepared by KPMG LLP that summarizes the changes related to deferred taxes contained in the final rule.




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