Deloitte comment letter on tentative agenda decision on IAS 12 — Deferred tax on associates
We have commented on the IFRS Interpretations Committee's publication in the November IFRIC Update of the tentative decision not to take onto the Committee’s agenda a request for guidance on the selection of an appropriate tax rate for the measurement of deferred tax relating to an investment in an associate in a multi-tax rate jurisdiction.
We agree with the IFRS Interpretations Committee’s decision not to add this item onto its agenda for the reasons set out in the tentative agenda decision.