Deloitte comment letter on tentative agenda decision on IAS 12 — Recognition of deferred tax for a single asset in a corporate wrapper

Published on: 10 Jun 2014

We have commented on the IFRS Interpretations Committee tentative decision not to take onto the Committee’s agenda a request for guidance on the accounting for deferred tax in the consolidated financial statements of a parent that has a subsidiary with only one asset within it and expect to recover the value of that asset by selling shares in the subsidiary.

We believe the IFRS Interpretations Committee should add this topic to its agenda to clarify interpretation.

Download the full comment letter below.


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