If one organisation within a group sells a non-current asset to another member of the group at

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If one organisation within a group sells a non-current asset to another member of the group at a profit, will this lead to a deferred tax asset on consolidation? Why or why not?

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Financial Accounting

ISBN: 9781743767382

9th Edition

Authors: Craig Deegan

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Question Posted: Sep 17, 2023 12:54 AM

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If one organisation within a group sells a non-current asset to another member of the group at

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Yes it will From the individual legal entity perspective the selling organisatio...View the full answer

Financial Accounting

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