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The maximum number of years a tax loss can be carried forward is: Options: 3 years 20 years 10 years 17 years 2. Taxable amounts

  1. The maximum number of years a tax loss can be carried forward is:

Options: 3 years

20 years

10 years

17 years

2. "Taxable amounts" include revenues and gains that are included in the tax return BEFORE they are recognized for accounting purposes. True or False

3. Existing sufficient taxable temporary differences, which will result in taxable income, is one piece of evidence to support a more likely than not criteria. True or False

The terms probable and more likely than not refer to probabilities that are greater than or equal to 50%.

Question 4 options:

True
False

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