F1ANNEX
Annotations:
Amendments (Textual)
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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Repealed by Commission Regulation (EC) No 1126/2008 of 3 November 2008 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council (Text with EEA relevance).