Part 2 : deferred tax 0%, 14.5% or 29%?

Venter, Elmar Retief; Von Well, Rieka

dc.contributor.author	Venter, Elmar Retief
dc.contributor.author	Von Well, Rieka
dc.date.accessioned	2008-05-19T07:12:26Z
dc.date.available	2008-05-19T07:12:26Z
dc.date.issued	2006-10
dc.description.abstract	Recent circular issued by SAICA, Circular 1/2006, Disclosures in relation to deferred tax, recognizes that the debate surrounding paragraph 51 of IAS 12 (AC 102) has focused particularly on measuring deferred tax in relation to investment properties. The appropriate rate to be used to measure deferred tax is not an accounting policy choice. The rate should be determined based on the expected manner of recovery of the carrying amount of the asset. Secondly, the 14.5% rate is only appropriate, in the case of buildings, if it is expected that the carrying amount of the asset will be recovered through sale, and then only to fair value adjustments above the CGT valuation date value of the asset.	en
dc.format.extent	1401474 bytes
dc.format.mimetype	application/pdf
dc.identifier.citation	Venter, E & Von Well, R 2006, 'Part 2: deferred tax 0%, 14.5% or 29%?', Accountancy SA, pp. 20-24. [http://www.accountancysa.org.za/]	en
dc.identifier.issn	0258-7254
dc.identifier.uri	http://hdl.handle.net/2263/5327
dc.language.iso	en	en
dc.publisher	South African Institute of Chartered Accountants	en
dc.rights	South African Institute of Chartered Accountants	en
dc.subject	Deferred income taxes	en
dc.subject	Capital gains	en
dc.subject	Tax rates	en
dc.subject	Corporate income tax	en
dc.subject	International Accounting Standards Committee Statements	en
dc.subject	IAS 12	en
dc.subject	International accounting standards	en
dc.subject	Real estate	en
dc.subject	Investments	en
dc.subject.lcsh	Deferred tax	en
dc.subject.lcsh	Real estate investment	en
dc.title	Part 2 : deferred tax 0%, 14.5% or 29%?	en
dc.type	Article	en