IFRS 17 and Tax – Tax (Accounting) Impact and Most Important Challenges of IFRS 17

IFRS 17 can be considered as one the most significant accounting changes for insurance companies of the past decade, with a broad impact on the operational, financial, tax and reporting functions of insurance companies. This article will provide the reader with an overview of some of the most relevant tax (accounting) challenges that arise as a result of the introduction of IFRS 17.