On December 14, 2023, the FASB issued Accounting Standards Update (ASU) 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. The amendments in ASU 2023-09 require greater disaggregation of income tax disclosures related to the income tax rate reconciliation and income taxes paid. In addition, the amendments require:
Disclosure of income (or loss) from continuing operations before income tax expense (or benefit) disaggregated between domestic and foreign; and,
Disclosure of income tax expense (or benefit) from continuing operations disaggregated