CERTYNEX IFRS ACADEMY

Which conditions allow a deferred tax asset and a deferred tax liability to be offset?

Both balances belong to companies of the same consolidated group, whatever the country.

Both balances must reverse in the same year, whatever the authority.

The entity freely chooses net presentation when it considers it clearer.

A right to set off current tax and the same taxation authority, for the same taxable entity or entities settling net.