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The rules for determining temporary differences for deferred tax

Publication date: 2014-01-13 17:44:33

Due to temporary differences between the book and tax value of assets and liabilities, it is necessary to calculate deferred tax (IAS 12 , par. 20).

The deferred income tax asset is to be updated subject to the probability of applying negative temporary differences on which the assets were calculated.

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Regards,
Slawomir Ekman
24iValue

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