Video: Rep. Axne Confronts FASB on Tax Disclosure

Rep. Cynthia Axne (D-IA)
Washington, DC

Representative Cynthia Axne (D-IA) confronts Russell Golden the Chairman of the Financial Accounting Standards Board on why their most recent proposal did not include tax disclosures in spite of global trend toward requiring these disclosures and the fact that 100% of investors who commented on the FASB proposal, representing 2$ trillion in assets, asked for this information to be required .