Following a restructuring of its equity, Kaprelle loses a tax incentive: its taxable differences of 450,000, arising from accelerated tax depreciation, will be taxed at 30% instead of 22% (legislation in the case). Record the entry.
- Taxable differences
- 450,000
- Rate before the change (%)
- 22 %
- Rate after the change (%)
- 30 %