Change in tax rate and deferred tax

Measure deferred tax assets and liabilities using the rates expected to apply when the temporary difference reverses, based on enacted or substantively enacted laws. Recognise the effect of remeasurement in profit or loss, OCI or equity consistently with the treatment of the underlying item as required by IAS 12. Assess whether future taxable profit supports deferred tax assets. An announced but not substantively enacted proposal does not by itself meet the measurement condition.