Alternative processing of rental concessions
Are you dealing with a reductions (concessions) of rent or lease installments due to Covid-19?
Alternative processing of rental concessions is allowed.
The Dutch Accounting Standards Board (in Dutch: Raad voor de Jaarverslaggeving (RJ), allows lessees to immediately take the result effects of a rent reduction/concession.
The comment period has ended on October 19, 2020 and the proposed alternative processing was adopted unchanged in the DASB meeting of October 21, 2020.
Curious? Take a look here.