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Effective date of IAS 12 amendments

When 01 Jan 2012
from to
Timezone UTC
Where London
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IAS 12 Income Taxes requires an entity to measure deferred tax relating to an asset depending on whether the entity expects to recover the carrying amount of an asset through use or sale.

The amendment made by Deferred Tax: Recovery of Underlying Assets (Amendments to IAS 12) provides a practical solution to the application of these requirements in relation to investment property under IAS 40 Investment Property, introducing a presumption that recovery of the carrying amount of an investment property will normally be through sale.

The amendment is applicable to annual periods beginning on or after 1 January 2012.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.