Currenttaxasset

Recognition of current tax liabilities and assets. Current income tax is the amount of income taxes payable to (or recoverable from) tax authorities in respect ...

Current tax is the amount of income taxes payable (recoverable) in respect of the taxable profit (tax loss) for a period. Deferred tax liabilities are the ...

The procedures for determining deferred tax liability or asset are as follows: (a) identify the types and amounts of existing temporary differences and the ...

2022年6月17日 — Current tax is the amount payable (or recoverable) based on present (or past) taxable profits (or losses). Therefore, current tax relates to ...

6. Tax expense (tax income) comprises current tax expense (current tax income) and deferred tax ... tax asset and deferred tax income in years 1-4 and current tax ...

A deferred tax asset is recognised for an unused tax loss carryforward or unused tax ... Presentation. Current tax assets and current tax liabilities can only be ...

Overpayment of current tax is recognised as an asset. Current tax liabilities (assets) for the current and prior periods are measured at the amount expected ...

A deferred tax asset is a line item on a company's balance sheet that reduces its taxable income.

an asset and liability representing current tax when they relate to income taxes levied under the same governing taxation laws and the taxation laws permit ...