Explain the what does contents of IFRS IAS 12 “Income Taxes” includes?
IAS 12 “Income Taxes”
- – Deferred income taxes- a concept:
- – Temporary differences: Temporary taxable differences and deductible temporary differences;
- – Recognition of deferred tax assets and liabilities;
- – Calculation of the tax base of the asset and liability;
- – The calculation of deferred taxes on credit operations;
- – Presentation and disclosure of deferred taxes.
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