F1ANNEX

Annotations:

F1INTERNATIONAL ACCOUNTING STANDARD IAS 12(REVISED 2000)

Income taxes

DEFINITIONS

Tax base

F17.The tax base of an asset is the amount that will be deductible for tax purposes against any taxable economic benefits that will flow to an enterprise when it recovers the carrying amount of the asset. If those economic benefits will not be taxable, the tax base of the asset is equal to its carrying amount.

Examples

F14.

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