The subsidiary Delmarre has deductible differences of 500,000. Its own taxable differences, which will reverse in the same periods, amount to 180,000; a sister company, a separate taxable entity with no group tax regime (tax data), has taxable differences of 200,000. No other source is probable. Tax rate: 30%. Compute Delmarre's deferred tax asset and the uncovered difference.
- Deductible differences of the subsidiary
- 500,000
- Own taxable differences (same period)
- 180,000
- Taxable differences of the sister company
- 200,000
- Tax rate (%)
- 30 %