What elections change
The module explains distressed-company debt releases, the realisation principle, stock-based compensation, gain spreading, intra-group transactions, exchange hedges and tax fair-value adjustments. A realisation election replaces fair-value or impairment movements with the disposal result under the prescribed carrying-value basis. A stock-compensation election substitutes the tax deduction for the book expense, with entry, expiry and revocation adjustments. These elections affect defined entities or a jurisdiction; they should not be selected independently for each favourable transaction.
Duration and exit effects
Several elections cannot be revoked in the election year and following four financial years, with a further re-election restriction after revocation. Fair-value tax adjustments can be included immediately or in five equal portions; when the entity leaves the group during spreading, remaining portions are accelerated under the example. Keep the election scope, start date, remaining balances and exit events together. The June 2026 slides should be used with the updated election provisions rather than treating an accounting-policy choice as an automatic GloBE election.
Official source
A concise, independent Apex Gateway guide based on the official English source, not a reproduction of the complete document. Consult the original for full conditions, exceptions and subsequent updates.
Read the official PDF ↗