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In this episode, Scott and Jeff speak with Ryan Gurule of the FACT Coalition about the types of things companies disclose about taxes in their public filings. We talk about what is good and not so good, and we discuss some of the possible changes that might be made. We recorded this episode on November 1, 2022. Later in the year, the Financial Accounting Standards Board (FASB) announce an update to its "Improvements to Tax Disclosures" project. The proposals are well aligned with what we discussed in the episode.
