09-16-2006, 09:48 PM
Well tax base is a concept related to deferred taxation. It is the amount of any asset or expense that is assessed in accordance with the taxation laws.
For example if u purchase an asset on which no tax depreciation is allowed then the tax base of the asset is nill....
I think if u r not in module E u dont need any details. if otherwise first read IAS 12 and then further proceed.
For example if u purchase an asset on which no tax depreciation is allowed then the tax base of the asset is nill....
I think if u r not in module E u dont need any details. if otherwise first read IAS 12 and then further proceed.
