A discussion with Siva about the AASB Interpretation published last year that could have an impact on tax accounting for some corporates. The discussion will focus on the accounting and disclosures for certain tax treatments that may arise from applying AASB Interpretation 23, and what entities will have to do in preparation to comply with these requirements. The discussion will also consider some wider implications including how these requirements might impact on the regulatory approach of taxation authorities including the Australian Taxation Office.