On acquiring Aubrac SA, a building is recognised at a fair value of 1,650,000; its tax base remains 1,250,000. Case convention: the applicable tax rate is 25 %, and the difference is a taxable temporary difference, fully recognised. Calculate the deferred tax liability recognised in the business combination.
- Fair value of the building
- 1,650,000
- Tax base of the building
- 1,250,000
- Applicable tax rate
- 25 %