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Due to the COVID-19 pandemic, Hyden Ltd, being one of the leaders in the tourism industry, has recognised a $80 million tax loss in the
- Due to the COVID-19 pandemic, Hyden Ltd, being one of the leaders in the tourism industry, has recognised a $80 million tax loss in the current period. Discuss the accounting treatment for a tax loss and explain the recognition criterions to recognise a tax loss.
(6 marks)
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