Recognition of Deferred Tax Assets for Unrealised Losses Proposed amendments to IAS 12



This Exposure Draft, published by the International Accounting Standards Board (IASB), contains proposed amendments to IAS 12,Income Taxes. The proposed amendments are in response to a request to the IFRS Interpretations Committee (the Interpretations Committee) to clarify the recognition of a deferred tax asset that is related to a debt instrument measured at fair value in circumstances in which: - changes in the market interest rate decrease the fair value of the debt instrument below c
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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