The Interpretations Committee concluded that the principle and requirements in paragraphs 51 and 51A of IAS 12 provide sufficient requirements to enable an entity to measure deferred tax on intangible …

IAS 12 sets out the accounting for current and deferred tax. Current tax liabilities and assets are recognised for current and prior period taxes, measured at the rates that have been enacted or …

Dec 10, 2025 · Further disclosure is required when an entity has a history of recent losses but recognizes a DTA. The entity must disclose the nature of the evidence supporting the recognition of …

Oct 29, 2025 · Under IAS 12 Income Taxes, a deferred tax asset is recognised for deductible temporary differences and unused tax losses (tax credits) carried forward, to the extent that it is probable that …

Dec 8, 2025 · Disclosures include the nature of temporary differences, expiry dates of tax losses, and movements in DTAs. Entities must also disclose the basis for recognizing DTAs and any significant …

Apr 29, 2025 · Entities that have recognised deferred tax assets for unused tax losses and incurred a tax loss in the current or preceding period in the same tax jurisdiction are subject to additional …

What follows is a comprehensive list of all disclosures mandated by IAS 12, with a separate example tax note featuring commentary available (refer to the document IFRS ― example tax note).

IAS 12, Income Taxes establishes criteria that must be satisfied in order for unused tax credits, tax losses and deductible temporary differences to be recognised as deferred tax assets (‘DTAs’).

In January 2016 the Board issued Recognition of Deferred Tax Assets for Unrealised Losses (Amendments to IAS 12) to clarify the requirements on recognition of deferred tax assets related to …

In January 2016 the Board issued Recognition of Deferred Tax Assets for Unrealised Losses (Amendments to IAS 12) to clarify the requirements on recognition of deferred tax assets related to …