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Income taxes

  • IFRS - AcSB Image

Apr 24, 2020

On April 24, 2020, the Accounting Standards Board (AcSB) released a publication on how the COVID-19 pandemic is affecting the recoverability of deferred tax assets and has introduced new government relief measures.

Entities should use professional judgment to assess how this will impact the accounting for income taxes in accordance with IFRS® Standards.

Review the publication on the AcSB's website.

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