CERTYNEX IFRS ACADEMY

For each type of temporary difference and each type of unused tax losses and credits, what information does IAS 12 require?

Only the net deferred tax balance at the reporting date, all types combined.

The reversal schedule of each difference and its discounted amount.

The deferred tax assets and liabilities recognised and the deferred tax recognised in profit or loss.

The tax rate applicable to each difference for the next five years.