Global Standards for the world economy

Wednesday 18 September 2019

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Income Taxes

Exposure draft [Sept 2010]


 Exposure draft and comment letters


On 10 September 2010 the International Accounting Standards Board (IASB) today published for public comment an exposure draft Deferred Tax: Recovery of Underlying Assets.

The proposal would amend one aspect of IAS 12 Income Taxes. Under IAS 12, the measurement of deferred tax liabilities and deferred tax assets depends on whether an entity expects to recover an asset by using the asset or by selling the asset. In some cases, it is difficult and subjective to assess whether recovery will be through use or through sale.

Comment letter deadline

The exposure draft is open for comment until 9 November 2010.

Click here to read all comment letter.


Due process documents
Exposure Draft: Deferred Tax: Recovery of Underlying Assets Proposed amendments to IAS 12 [English][PDF]
Expos�-sondage: Imp�t diff�r� : recouvrement des actifs sous-jacents (Projet de modification d�IAS 12) [French][PDF]

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