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Many accounting standards (e.g. AASB16 Leases, AASB13 Fair value measurement) require entities to discount the value of assets and liabilities due/payable in the future. However

Many accounting standards (e.g. AASB16 Leases, AASB13 Fair value measurement) require entities to discount the value of assets and liabilities due/payable in the future. However Paragraph 53 of AASB 112 states that deferred tax assets and liabilities shall not be discounted. Do you agree with this requirement? Justify your answer.

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