Deferred Taxation 4e 9789670853840

Key Features

This fourth edition now incorporates:

Learning objectives are available at the beginning of each chapter to highlight the coverage and expectation of readers upon completion of the chapter.

Detailed explanations of the tax treatments and tax effects of revenue transactions arising from the adoption of MFRS 15 Revenue from Contracts with Customers.

Detailed explanations of the tax treatments and tax effects of lease arrangements arising from the adoption of MFRS 16 Leases.

Guidance on the application of IC 23 Uncertainty over Income Tax Treatments.

Guidance on the recognition of deferred taxes arising from a single transaction in a lease contract.

More detailed explanation on the tax implications of adopting MFRS 9 Financial Instruments, and tax effects of banking and insurance businesses.

Explanation on the tax effects of assets measured at fair value, including biological assets measured at fair value and investment property measured at fair value.

Specific guidance on tax effects of items recognised outside profit or loss.

Updates of the tax treatments for changes in tax laws since 2017, such as tax losses carried forward, real property gains tax rates and income tax rates for small - and medium- sized companies.

Topic Covered

Basic Principles of Tax Effect Accounting

The Comprehensive Allocation Basis

The Temporary Difference Approach

Advanced Principles of Tax Effect Accounting – I

Advanced Principles of Tax Effect Accounting – II

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