In Jurisdictions Where the Impairment of Goodwill Is Not Tax

question 10

Multiple Choice

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

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