Document ID: chunk:federal_register_of_legislation:F2024L00708:body:0:p145
Version: federal_register_of_legislation:F2024L00708
Segment Type: other
Provision Reference: 
Character Range: 404007–407068

for Government Grants and Disclosure of Government Assistance

AASB Interpretation 125 Income Taxes – Changes in the Tax Status of an Entity or its Shareholders (August 2015)
Below the heading 'References', the references to AASB 101 and AASB 108 are amended. New text is underlined and deleted text is struck through.

References
• AASB 18 Presentation and Disclosure in Financial StatementsAASB 101 Presentation of Financial Statements
• AASB 108 Basis of Preparation of Financial StatementsAccounting Policies, Changes in Accounting Estimates and Errors
• AASB 112 Income Taxes

AASB Interpretation 129 Service Concession Arrangements: Disclosures (August 2015)
Below the heading 'References', the reference to AASB 101 is amended. New text is underlined and deleted text is struck through.

References
• AASB 16 Leases
• AASB 18 Presentation and Disclosure in Financial StatementsAASB 101 Presentation of Financial Statements
• AASB 116 Property, Plant and Equipment
• AASB 137 Provisions, Contingent Liabilities and Contingent Assets
• AASB 138 Intangible Assets
• Interpretation 12 Service Concession Arrangements

AASB Interpretation 132 Intangible Assets – Web Site Costs (August 2015)
Below the heading 'References', the reference to AASB 101 is amended. Paragraphs 5, AusCF5 and Aus10.4 are amended. Paragraph Aus10.5 is added. New text is underlined and deleted text is struck through.

References
• AASB 3 Business Combinations
• AASB 15 Revenue from Contracts with Customers
• AASB 16 Leases
• AASB 18 Presentation and Disclosure in Financial StatementsAASB 101 Presentation of Financial Statements
• AASB 102 Inventories
• AASB 116 Property, Plant and Equipment
• AASB 136 Impairment of Assets
• AASB 138 Intangible Assets
 ...

Issue
 ...
5 This Interpretation does not apply to expenditure on purchasing, developing, and operating hardware (eg web servers, staging servers, production servers and Internet connections) of a web site. Such expenditure is accounted for under AASB 116. Additionally, when an entity incurs expenditure on an Internet service provider hosting the entity's web site, the expenditure is recognised as an expense under paragraph 46 of AASB 18 AASB 101.88 and the Conceptual Framework for Financial Reporting when the services are received.
          AusCF5 Notwithstanding paragraph 5, in respect of AusCF entities, this Interpretation does not apply to expenditure on purchasing, developing, and operating hardware (eg web servers, staging servers, production servers and Internet connections) of a web site. Such expenditure is accounted for under AASB 116. Additionally, when an entity incurs expenditure on an Internet service provider hosting the entity's web site, the expenditure is recognised as an expense under paragraph 46 of AASB 18 AASB 101.88 and the Framework for the Preparation and Presentation of Financial Statements (as identified in AASB 1048 Interpretation of Standards)AusCF1 when the services are received.
 ...

Effective date
           ...
          Aus10.4 AASB 2019-1 Amendments to