For the year ended 30 June 20X3, Company C had a taxable profit of $150,000 . The

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For the year ended 30 June 20X3, Company C had a taxable profit of $150,000. The following comparative information provided from the tax calculations of Company C:

	20X2	20X3
DTA	59,000	49,000
DTL	30,000	27,000

What is the amount of tax expense on 30 June 20X3 if tax rate is 30%?

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Financial Accounting and Reporting

ISBN: 978-0273744443

14th Edition

Authors: Barry Elliott, Jamie Elliott

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Posted Date: Nov 10, 2022 04:12 AM

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For the year ended 30 June 20X3, Company C had a taxable profit of $150,000 . The

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Financial Accounting and Reporting

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