The book basis of depreciable assets for Erwin SA is 900,000 and the tax basis is 700,000

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The book basis of depreciable assets for Erwin SA is €900,000 and the tax basis is €700,000 at the end of 2019. The enacted tax rate is 34% for all periods. Determine the amount of deferred taxes to be reported on the statement of financial position at the end of 2019.
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Intermediate Accounting IFRS

ISBN: 978-1119372936

3rd edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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