Corvianne applies the revaluation model to its port facilities. At the reporting date, their revalued amount exceeds the previous carrying amount by 380,000; the increase is recognised in OCI and the tax base is unchanged. With a rate of 22%, compute the deferred tax recognised in OCI and the net revaluation surplus.
- Increase in value recognised in OCI
- 380,000
- Rate (%)
- 22 %