IAS 12 Income taxes

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  1. Avatar of Monic Monic says:
    May 15, 2013 at 5:36 am

    Thank you for the lecture. I have a question from Ex. 2. After releasing the deferred tax liability of 100 in 2005 2006 with 50, 50, what happens to the deferred tax liability of 50 which was in 2005?

  2. Avatar of crye crye says:
    May 14, 2013 at 6:03 pm

    Thanks.

    Ref. IAS 12 INCOME TAXES, EXAMPLE 2 — Up to the point of DT, everything is totally clear for me. I’m just wondering:

    1-Why is Tax Value = 0? (Only guess is because 100% tax all’nce was claimed and so asset written down to 0?)
    2-Could an amount of DT other than 50 be released in later years 05, 06 etc? In other words, why 50 specifically?

    Thanks!

  3. Avatar of Shivam Shivam says:
    March 13, 2013 at 10:59 am

    Just a quick question relating to Example two. Just a bit confused as to why the tax value is 0?

    Thanks!

  4. Avatar of halarbijarani halarbijarani says:
    December 1, 2012 at 7:35 pm

    Not very well explained.. didn’t understand the Lecture. Plz update it with new one.. Although all other lectures are best then ever.. but not this one.

  5. Avatar of noldis noldis says:
    June 3, 2012 at 2:49 pm

    Very quick overview of taxes – hard to follow and understand the topic. I guess I will have to look at F6 course notes to review this topic once again :)

  6. Avatar of abesha abesha says:
    May 25, 2012 at 11:59 am

    ryanpieblock let me explain what I understand from the tutor & the logic too. the 100 deffred tax was crated due to the tax allowance for the year 2X4 this 100 deffred tax is an asset for Andris but for the year 2X5 and 2X6 cretd a liablity of 50 each then this 100 off split the 50 for the year 2X5 and the remaining for the year 2X6

  7. Avatar of ryanpieblock ryanpieblock says:
    May 14, 2012 at 1:48 am

    hello sir if we release 50 out of the 100 deferred tax liability in 05 and then another 50 in 06. what happen to the deferred tax liability of 50 25% of 200 in 05??? when do we release it???

  8. Avatar of marjorie1 marjorie1 says:
    April 23, 2012 at 2:26 am

    Hey all,
    Trust F7 tutor is helping u as must as he’s helping me revise for the grand day. June 13th.

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