IAS 12 Asset revaluation

Date recorded:


The IFRIC discussed whether to address if changes in the fair value of assets give rise to taxable temporary differences and deferred tax liabilities under IAS 12 Income Taxes.


Decision not to add

February 2002



The IFRIC decided not to take this item onto its agenda because IAS 12 provides sufficient guidance.


IFRIC reference: IAS 12

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