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The rules for determining temporary differences for deferred tax

Publication date: 2013-03-10 20:58:05

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.

Find out more: http://24ivalue.com/pages/elearning/book/4/page/3/

Regards,
Slawomir Ekman
24iValue

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