Exposure Draft and comment letters—Deferred Tax: Recovery of Underlying Assets (Proposed amendments to IAS 12)

 

On 10 September 2010 the International Accounting Standards Board (IASB) published for public comment an exposure draft Deferred Tax: Recovery of Underlying Assets.

The proposal would amend one aspect of IAS 12 Income Taxes. Under IAS 12, the measurement of deferred tax liabilities and deferred tax assets depends on whether an entity expects to recover an asset by using the asset or by selling the asset. In some cases, it is difficult and subjective to assess whether recovery will be through use or through sale.

The Exposure Draft was open for comment until 9 November 2010.

 

Comment letters are public and all comment letters received on the due process document can be accessed below.

If you have trouble finding a specific comment letter, please contact us.

Access individual comment letters in the table below or download all letters as zip file.

ID Submitter

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