“We appreciate the input and interest from members of Congress on this important issue. Last year, the FASB issued proposed improvements to tax disclosures as part of a broader disclosure framework project.  We received approximately 50 comment letters in response to that proposal, and conducted extensive outreach including a roundtable earlier this year.  We will carefully consider the recommendations in the Congressional letter as we redeliberate all the input we received prior to determining next steps," said FASB spokesperson Christine Klimek.