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CalculationIntermediateVariant — group VG.IAS12.000001Published

Question · Accounting profit, taxable profit, current tax and deferred tax

At the publisher Solmaris, current tax for the year amounts to 88,000. A warranty provision, deductible only when payments are made, increased the deferred tax asset by 7,500, recognised in profit or loss. What is tax expense for the year?

Current tax for the year
88,000
Increase in the deferred tax asset (in profit or loss)
7,500
Your answer

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