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Deferred tax asset

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Deferred tax asset

  • This topic has 2 replies, 2 voices, and was last updated 5 years ago by Stephen Widberg.
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  • May 3, 2020 at 1:24 pm #569859
    toushiga
    Participant
    • Topics: 424
    • Replies: 172
    • ☆☆☆☆

    Sir, for holding company selling inventory to its subsidiary, for individual holding company’s financial statement, will there have any deferred tax asset implication?

    Thank you.

    May 3, 2020 at 1:24 pm #569860
    toushiga
    Participant
    • Topics: 424
    • Replies: 172
    • ☆☆☆☆

    or deferred tax liability

    May 4, 2020 at 2:26 pm #569929
    Stephen Widberg
    Keymaster
    • Topics: 16
    • Replies: 3409
    • ☆☆☆☆☆

    No – DT only arises in the group accounts.

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