Current tax computation
Current tax for 20X1
From accounting profit to current tax: add-backs, instalments and carryback of a loss · Situation 1 of 2
≈ 35 minIAS 12 Income Taxes — wording before IFRS 18Applicable today
Applies to annual periods beginning before January 1, 2027.
Workpapers
Can you document your analysis and your accounting treatment like a professional? Each mission starts from a real file and ends with a review.
How a mission works
Numbered sections, like a professional working paper: objective, data, pieces, analysis, calculations, entries, conclusion; then a reviewer reviews.
- 1Objective
- 2Data
- 3Documents
- 4Analysis
- 5Calculation
- 6Entries
- 7Judgment
- 8Conclusion
- 9References
L1Foundation(2)
Foundation Foundation Current tax computation
20X2 tax loss carried back
From accounting profit to current tax: add-backs, instalments and carryback of a loss · Situation 2 of 2
≈ 35 min
L2Intermediate(8)
Intermediate Temporary differences schedule
Machine A
Tax base schedule of an industrial SME: accelerated depreciation, development, provisions and revenue received in advance · Situation 1 of 8
≈ 40 minIntermediate Temporary differences schedule
Machine B
Tax base schedule of an industrial SME: accelerated depreciation, development, provisions and revenue received in advance · Situation 2 of 8
≈ 40 minIntermediate Temporary differences schedule
Development costs
Tax base schedule of an industrial SME: accelerated depreciation, development, provisions and revenue received in advance · Situation 3 of 8
≈ 40 minIntermediate Temporary differences schedule
Research costs
Tax base schedule of an industrial SME: accelerated depreciation, development, provisions and revenue received in advance · Situation 4 of 8
≈ 40 minIntermediate Temporary differences schedule
Trade receivables
Tax base schedule of an industrial SME: accelerated depreciation, development, provisions and revenue received in advance · Situation 5 of 8
≈ 40 minIntermediate Temporary differences schedule
Warranty provision
Tax base schedule of an industrial SME: accelerated depreciation, development, provisions and revenue received in advance · Situation 6 of 8
≈ 40 minIntermediate Temporary differences schedule
Revenue received in advance
Tax base schedule of an industrial SME: accelerated depreciation, development, provisions and revenue received in advance · Situation 7 of 8
≈ 40 minIntermediate Temporary differences schedule
Fine payable
Tax base schedule of an industrial SME: accelerated depreciation, development, provisions and revenue received in advance · Situation 8 of 8
≈ 40 min
L3Advanced(12)
Advanced Temporary differences schedule
Warehouse lease
Lease, dismantling, licence, grant, goodwill and convertible bond: initial recognition exceptions · Situation 1 of 7
≈ 40 minAdvanced Temporary differences schedule
Kiln subject to dismantling
Lease, dismantling, licence, grant, goodwill and convertible bond: initial recognition exceptions · Situation 2 of 7
≈ 40 minAdvanced Temporary differences schedule
Licence acquired
Lease, dismantling, licence, grant, goodwill and convertible bond: initial recognition exceptions · Situation 3 of 7
≈ 40 minAdvanced Temporary differences schedule
Grant received
Lease, dismantling, licence, grant, goodwill and convertible bond: initial recognition exceptions · Situation 4 of 7
≈ 40 minAdvanced Temporary differences schedule
Lantimar goodwill at acquisition
Lease, dismantling, licence, grant, goodwill and convertible bond: initial recognition exceptions · Situation 5 of 7
≈ 40 minAdvanced Temporary differences schedule
Lantimar goodwill at 31 December 20X4
Lease, dismantling, licence, grant, goodwill and convertible bond: initial recognition exceptions · Situation 6 of 7
≈ 40 minAdvanced Temporary differences schedule
Convertible bond
Lease, dismantling, licence, grant, goodwill and convertible bond: initial recognition exceptions · Situation 7 of 7
≈ 40 minAdvanced Recoverability of deferred tax assets
Ferrandine at 31 December 20X5
Loss-making subsidiary: tax losses, convincing evidence, tax planning and reassessment · Situation 1 of 2
≈ 45 minAdvanced Recoverability of deferred tax assets
Sorbiane Nord at 31 December 20X5
Loss-making subsidiary: tax losses, convincing evidence, tax planning and reassessment · Situation 2 of 2
≈ 45 minAdvanced Deferred tax measurement and allocation
Differences at the standard rate
Rate change, revaluation, investment property, dividends and loss of a tax status: measuring and allocating tax · Situation 1 of 3
≈ 55 minAdvanced Deferred tax measurement and allocation
Revalued land
Rate change, revaluation, investment property, dividends and loss of a tax status: measuring and allocating tax · Situation 2 of 3
≈ 55 minAdvanced Deferred tax measurement and allocation
Saint-Abeline warehouse
Rate change, revaluation, investment property, dividends and loss of a tax status: measuring and allocating tax · Situation 3 of 3
≈ 55 min
L4Expert(23)
Expert Group deferred tax
Kelmora (Ostralia) — business combination
Acquisition of a foreign subsidiary: deferred tax on the combination, goodwill, investment, share option plan and offsetting · Situation 1 of 2
≈ 55 minExpert Group deferred tax
Sendrevia (Norvania) — losses and options
Acquisition of a foreign subsidiary: deferred tax on the combination, goodwill, investment, share option plan and offsetting · Situation 2 of 2
≈ 55 minExpert Uncertain tax treatments (IFRIC 23)
Transfer pricing
Tax closing of an international group: uncertain tax treatments, Pillar Two, components and reconciliation of tax expense · Situation 1 of 4
≈ 40 minExpert Uncertain tax treatments (IFRIC 23)
Former distributor indemnity
Tax closing of an international group: uncertain tax treatments, Pillar Two, components and reconciliation of tax expense · Situation 2 of 4
≈ 40 minExpert Uncertain tax treatments (IFRIC 23)
Research tax credit
Tax closing of an international group: uncertain tax treatments, Pillar Two, components and reconciliation of tax expense · Situation 3 of 4
≈ 40 minExpert Uncertain tax treatments (IFRIC 23)
Head office costs — 20X4 audit
Tax closing of an international group: uncertain tax treatments, Pillar Two, components and reconciliation of tax expense · Situation 4 of 4
≈ 40 minExpert Tax note and effective tax rate reconciliation
Tax closing of an international group: uncertain tax treatments, Pillar Two, components and reconciliation of tax expense
≈ 45 minExpert Current tax computation
Valdrise SA — 20X7 current tax
Professional file: IFRS tax closing of an international industrial group · Situation 1 of 2
≈ 35 minExpert Current tax computation
Corvanne — carryback
Professional file: IFRS tax closing of an international industrial group · Situation 2 of 2
≈ 35 minExpert Temporary differences schedule
Valdrise SA tooling
Professional file: IFRS tax closing of an international industrial group · Situation 1 of 4
≈ 40 minExpert Temporary differences schedule
Warranty provision
Professional file: IFRS tax closing of an international industrial group · Situation 2 of 4
≈ 40 minExpert Temporary differences schedule
Warehouse lease
Professional file: IFRS tax closing of an international industrial group · Situation 3 of 4
≈ 40 minExpert Temporary differences schedule
Arlesque goodwill
Professional file: IFRS tax closing of an international industrial group · Situation 4 of 4
≈ 40 minExpert Recoverability of deferred tax assets
Professional file: IFRS tax closing of an international industrial group
≈ 45 minExpert Deferred tax measurement and allocation
Rate change and dividend
Professional file: IFRS tax closing of an international industrial group · Situation 1 of 2
≈ 55 minExpert Deferred tax measurement and allocation
Revalued land
Professional file: IFRS tax closing of an international industrial group · Situation 2 of 2
≈ 55 minExpert Group deferred tax
Arlesque (Merovia) — business combination
Professional file: IFRS tax closing of an international industrial group · Situation 1 of 4
≈ 55 minExpert Group deferred tax
Investment in Valdrise Vescaria
Professional file: IFRS tax closing of an international industrial group · Situation 2 of 4
≈ 55 minExpert Group deferred tax
Valdrise SA (Lustrania) — share option plan
Professional file: IFRS tax closing of an international industrial group · Situation 3 of 4
≈ 55 minExpert Group deferred tax
Corvanne (Cadoria) — offsetting
Professional file: IFRS tax closing of an international industrial group · Situation 4 of 4
≈ 55 minExpert Uncertain tax treatments (IFRIC 23)
Transfer pricing — Vescaria
Professional file: IFRS tax closing of an international industrial group · Situation 1 of 2
≈ 40 minExpert Uncertain tax treatments (IFRIC 23)
Arlesque deduction
Professional file: IFRS tax closing of an international industrial group · Situation 2 of 2
≈ 40 minExpert Tax note and effective tax rate reconciliation
Professional file: IFRS tax closing of an international industrial group
≈ 45 min