CERTYNEX IFRS ACADEMY

Vesmarin holds a bond measured at fair value, 60,000 below its cost, which remains its tax base (case data). It intends to hold the bond to maturity. Which statements are correct?

The gap of 60,000 is a deductible temporary difference.

The difference exists even if Vesmarin intends to hold the bond to maturity.

No difference should be recognised, as the loss is expected to disappear at maturity.

The deferred tax asset remains subject to taxable profit being probable.

The gap is a taxable difference, as fair value is below cost.