Question: Which two statements about unused losses are correct? Solution A.All used tax losses can be considered when calculating the deferred tax asset. B.Unused tax losses
Which two statements about unused losses are correct? Solution A.All used tax losses can be considered when calculating the deferred tax asset. B.Unused tax losses do not require a deferred tax asset to be recognised. C.A deferred tax asset can be recognised based on unused tax losses. D.A deferred tax liability can be recognised based on unused tax losses. E.The deferred tax asset is restricted to the amount of probable future taxable profits
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