IFRS Notes

Recognition of tax


IAS 12-pr58, 61A
Current and deferred tax recognition

(1) for transactions recognised in profit or loss,
current and deferred tax is recognised in profit or loss

(2) for transactions recognised in other comprehensive income,
current and deferred tax is recognised in other comprehensive income

(3) for transactions recognised directly in equity,
current and deferred tax is recognised directly in equity

IAS 12-pr66
Deferred tax assets and liabilities
from a business combination
are recognised
as identifiable assets and liabilities at the acquisition date