In Jurisdictions Where the Impairment of Goodwill Is Not Tax

question 2

Multiple Choice

In jurisdictions where the impairment of goodwill is not tax deductible, AASB 112 Income Taxes:

• A) requires that any deferred tax items for goodwill be capitalised in the carrying amount of goodwill.
• B) requires that any deferred tax items in relation to goodwill be recognised directly in equity.
• C) does not permit the application of deferred tax accounting to goodwill.
• D) allows the recognition of a deferred tax item in relation to goodwill.

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Definitions:

Controlled Substances

Drugs or chemicals whose manufacture, possession, and use are regulated by a government, such as prescription medications, illicit drugs, and certain chemicals.

Substance Abuse And Mental Health Services Administration

A U.S. government agency tasked with improving the quality and availability of substance abuse prevention, addiction treatment, and mental health services.

Epidemiology

The study and analysis of the distribution, patterns, and determinants of health and disease conditions in defined populations.

Substance Abuse Relapse

Substance abuse relapse is the return to drug or alcohol use after a period of abstinence, often triggered by stress or environment.