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what does IFRS say about income tax on net losses?

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  • what does IFRS say about income tax on net losses?


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Answer #1 | 24/06 2011 04:20
No INCOME taxes on net losses. But they might still have deferred tax liabilities. See: http://wiki.ifrs.com/Income-Tax
Positive: 26 %

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... Presentation of deferred income ... (The Tax Adviser) IFRS ... submitted a comment letter to the International Financial Reporting Standards ...
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Positive: 26 %
All gains and losses should be included in net income. ... net of income tax. ... ACC 2010 Intermediate Accounting - Assets Days 4/5.
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Positive: 21 %
Income taxes ... Although US GAAP does not have a comprehensive standard ... US GAAP). US GAAP vs. IFRS The basics: ...
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Positive: 7 %
4 IFRS 3 (Revised): Impact on ... The table below sets out the potential impact for gains and losses ... Acquisition date does not change under IFRS; ...
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Positive: 10 %

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