Kamsky Inc., which follows IFRS, had the following balances and amounts on its comparative financial statements at year end: 

(a) Calculate income taxes paid in 2020 and discuss the related disclosure requirements under IFRS, if any. 

(b) If Kamsky followed ASPE instead of IFRS, would the disclosure requirements for income taxes paid be any different?

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Dec. 31, 2020 Dec. 31, 2019 Income taxes payable $1,200 $1,400 Deferred tax asset 300 -0- Deferred tax liability 1,950 1,600 Income tax expense 2,500 2,100 Deferred tax benefit (600) (200)