The International Financial Reporting Standards (IFRS) Foundation has announced that the International Accounting Standards Board (IASB) is consulting on proposed amendments to the IFRS for SMEs Accounting Standard in relation to the Pillar 2 global minimum tax. --- IASB consults on proposed amendments to IFRS for SMEs Accounting Standard related to international tax reform The International Accounting Standards Board (IASB) on 1 June proposed amendments to the IFRS for SMEs Accounting Standard to help small- and medium-sized entities (SMEs) respond to international tax reform. It is the first time that the IASB has proposed urgent amendments to the Standard outside...