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IAS 12 - Income Tax: Prepared By: Sir Hamza Abdul Haq
IAS 12 - Income Tax: Prepared By: Sir Hamza Abdul Haq
IAS 12 - Income Tax: Prepared By: Sir Hamza Abdul Haq
Government Grant
Taxable Exempt
Yes No
the excess multiples by the tax rate is The entire deferred tax impact is
recorded in equity with the balancing taken to profit and loss account.
figure taken to profit and loss account
Example 5 – IFRS 2
Employees: 300
Number of shares: 500
Vesting Condition: 3 years service
Discount Present
Year Cash flow
Factor Value
Example 8 – IAS 12 with IFRS 9