According to PAS 12, this do not give rise to deferred tax asset or liability because they have no future tax consequence.

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter18: Accounting For Income Taxes
Section: Chapter Questions
Problem 23GI
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According to PAS 12, this do not give rise to deferred tax asset or liability because they have no
future tax consequence.
Transcribed Image Text:According to PAS 12, this do not give rise to deferred tax asset or liability because they have no future tax consequence.
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