CERTYNEX IFRS ACADEMY

In 20X6, the first year of application of Pillar Two legislation, the Pruvenza group owes top-up tax of 210,000 (case data); its teams also flag differences between carrying amounts and the bases used by the Pillar Two rules, which would produce future top-up tax. Which treatment applies?

Current tax of 210,000 disclosed separately, no Pillar Two deferred tax, disclosure of the exception.

Current tax of 210,000 and deferred tax on the differences flagged.

Current tax of 210,000 merged into total current tax expense, with no other mention.

No recognition in 20X6, the tax being payable in 20X7.