IAS 12 Effective tax rates

Date recorded:


The IFRIC discussed whether to address the tax rate to be used to measure deferred tax assets and deferred tax liabilities for entities that have low effective tax rates, eg because some income is exempt from tax. 


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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