IAS 12

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May 25, 2019 at 1:12 pm #517299
sidraalikhan123
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HI

Sir I have a question that why 165/30% is calculated?

Question :I ncome? tax? of? $165? million? on? a? property? disposed? of? in? 20X0? becomes? payable? on? 30?November? 20X4? under? the? deferral? relief? provisions? of? the? tax? laws? of? the? country.? There? had? been? no? sales? or? revaluations? of? property? during? the? year? to? 30? November? 20X1.?

Solution:?Property?sold?–?tax?due?30.11.20X4?(165/30%)? 550

Thanks
May 28, 2019 at 3:03 pm #517675
P2-D2
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Hi,

Can you repost again please as I cannot see the question properly because of all the question marks.

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