Home Pronouncements ASCG Interpretation 5 (IFRS) Accounting for Interest and Penalties Related to Income Taxes under IFRSs

ASCG Interpretation 5 (IFRS) Accounting for Interest and Penalties Related to Income Taxes under IFRSs

Publication Date:
20.04.2026
Effective Date:
01.01.2027

How to order
The German Accounting Standards (GAS) can be purchased here in printed form or as a online database at Schaeffer-Poeschel publisher or can be purchased (individually for each standard) as a PDF file at Genios.

Approved by the ASCG

  • ASCG Interpretation 5 (IFRS) was adopted on April 20, 2026.
  • An entity shall apply this interpretation for the first time to the annual period in which IFRS 18 Presentation and Disclosure in Financial Statements is applied for the first time.
  • The publication of the interpretation is being prepared.