In IAS 12 criteria are established for the recognition of a deferred tax asset and a deferred

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In IAS 12 criteria are established for the recognition of a deferred tax asset and a deferred tax liability. Identify these criteria and discuss any differences between those criteria for assets and those for liabilities.

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Applying International Financial Reporting Standards

ISBN: 978-0730302124

3rd edition

Authors: Keith Alfredson, Ken Leo, Ruth Picker, Paul Pacter, Jennie Radford Victoria Wise

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Question Posted: Apr 30, 2016 12:58 PM

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In IAS 12 criteria are established for the recognition of a deferred tax asset and a deferred

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Deferred tax liabilities must be recognised for all taxable temporary differences A liability is rec...View the full answer

Applying International Financial Reporting Standards

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