The major changes from the original IAS 12 are as follows. IN2 The original IAS 12 required an entity to account for deferred tax using either the deferral method or a liability method which is sometimes known as the income statement liability method. IAS 12 (revised) prohibits the deferral ...
will make future tax payments larger (smaller) than they would be if such recovery or settlement were to have no tax consequences, this Standard requires an entity to recognise a deferred tax liability (deferred tax asset), with certain limited exceptions. ...
Tax expense (income) related to profit or loss from ordinary activities 77 Exchange differences on deferred foreign tax liabilities or assets 78 DISCLOSURE 79–88 EFFECTIVE DATE 89–95 APPENDICES A Examples of temporary differences B Illustrative computations and presentation IAS 12 © IASCF 1085 In...
IFRS 專區 準則彙總 IAS 12 所得稅 (INCOME TAX) IAS 12 簡覽 • 當期所得稅=某一期間課稅所得(損失)有關之應付(可回收)所得稅金額 • 當期所得稅資產=本期及前期當期所得有關之已支付金額超過該等期間應付金額之部分 • 當期所得稅負債=本期及前期之當期所得稅尚未支付之部分 • 所得稅費用(...
f7任务制20网课1知识模块部分ias12income15taxes.pdf,IAS12 Income tax Level1 Level 2 Optional Current tax Y Deferred tax – basic concept Y Y Tax base –Asset Y Y Temporary differences Y Y Question Y Y Revalued assets Y Y Taxation in company accounts Y Tax
1、IAS 12(REVISED)-INCOME TAXESIAS 12 (REVISED) INCOME TAXES DEFERRED TAX INTRODUCTION DEFERRED TAX THE CONCEPT ILLUSTRATED ACCOUNTINGFORDEFERRED TAX - THE BASICS ACCOUNTING FORDEFERRED TAX - DETAILED RULES COMPLICATIONS APPENDIX Copyright ATC Ltd1501 IAS 12 (REVISED) INCOME TAXES 1 DEFERRED TAXATION...
IAS 12 requires accounting for current and deferred income tax from certain transaction or event exactlyin the same wayas the transaction or event itself. Return to top Understand the differences Almost in every country the accounting rules differ from the tax laws and regulations. Sometimes, these...
tax liabilitySummary This chapter examines the income taxes (IAS 12) standard that prescribes the accounting treatment for income taxes and includes all domestic and foreign taxes that are based on taxable profits as well as withholding and other taxes that are payable by subsidiaries on ...
current taxdeferred taxjoint ventureliabilityincomeSummary This chapter discusses the IAS 12 current and deferred taxes. The objective of IAS 12 is to prescribe the accounting treatment for income taxes. Income taxes include all domestic and foreign taxes which are based on taxable profits and also ...
IAS 12 provides the following additional guidance on the recognition of income tax for the period: Where it is difficult to determine the amount of current and deferred tax relating to items recognised outside of profit or loss (e.g. where there are graduated rates or tax), the amount of ...