Commission Regulation (EC) No 1725/2003 of 29 September 2003 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accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council (Text with EEA relevance) (repealed) (c. 1725)

ANNEX

INTERNATIONAL ACCOUNTING STANDARD IAS 12 (REVISED 2000)

Income taxes

RECOGNITION OF CURRENT AND DEFERRED TAX

Items credited or charged directly to equity

61. Current tax and deferred tax should be charged or credited directly to equity if the tax relates to items that are credited or charged, in the same or a different period, directly to equity.