For tax purposes the following tax depreciation amounts are allowed: 450 000 (20X1), 350 000 (20X2), 250
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For tax purposes the following tax depreciation amounts are allowed: €450 000 (20X1), €350 000 (20X2), €250 000 (20X3) and €150 000 (20X4). The enacted income tax rate is 20 per cent for 20X1 and there after. How would you account for this transaction from a deferred taxation perspective?
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Related Book For 
Global Financial Accounting And Reporting Principles And Analysis
ISBN: 9781408062869
3rd Edition
Authors: Peter J. Walton, Walter Aerts
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