- This topic has 3 replies, 2 voices, and was last updated 10 years ago by
.
Viewing 4 posts - 1 through 4 (of 4 total)
- Posts
how do you know the amounts to transfer to the revaluation reserve when there is deferred taxation on revaluation?????
Respectfully
ShamelaTake the tax rate, multiply by the amount of the revaluation and that’s the figure to transfer from Deferred Tax Account to Revaluation Reserve
The only other possibility is if the examiner says “Of the increase in the deferred tax provision, $2,800 relates to the revaluation of property” or something similar. In that situation, there no calculation to do!
Viewing 4 posts - 1 through 4 (of 4 total)
- You must be logged in to reply to this topic.