CERTYNEX IFRS ACADEMY

Ostbane issues a loan whose issue costs are tax-deductible; the related tax saving is spread over several quarterly instalments and cannot be isolated (case data). How should the effect on tax paid be classified?

As financing, the saving arising from the loan, even with no identifiable flow.

Outside the statement, the saving not being a flow.

As investing.

As operating, with the rest of tax paid, as no flow is identifiable.