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Revaluation and Deferred tax

Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › Revaluation and Deferred tax

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  • May 5, 2017 at 10:07 pm #385005
    ninucaninuca
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    Hello,
    could you please, explain why do we have temporary difference when asset is revalued? In my opinion, the difference that is created between carrying value and tax base in case or revaluation is permanent not temporary.

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