BC115 The IASB concluded that the benefits of the amendments outweigh the costs because the amendments:
(a) provide timely relief for affected entities and avoid diverse interpretations of IAS 12 developing in practice;
(b) safeguard the usefulness of information prepared applying IAS 12 requirements until questions about how to apply the Standard have been resolved; and
(c) improve the information provided to users of financial statements before and after Pillar Two legislation is in effect.