CERTYNEX IFRS ACADEMY

The Orsavel group's tax controller is preparing the note: which of the following circumstances require a deferred tax asset to be detailed, including its amount and the justification for it?

Whenever a deferred tax asset is recognised, whatever its basis.

Its use depends on future taxable profits exceeding the reversal of existing taxable differences.

The asset arises from a business combination carried out during the year.

The entity suffered a tax loss in the preceding year in the jurisdiction concerned.