According to IAS 12,with One Exception,the Tax Base of a Liability

question 54

True/False

According to IAS 12,with one exception,the tax base of a liability is to be determined in the following manner:
Carrying amount - Future deductible amount + Future assessable amount.

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Definitions:

Restorative Justice

A criminal justice approach focusing on the rehabilitation of offenders through reconciliation with victims and the community at large.

Restorative Detention

A correctional approach focusing on rehabilitating and reintegrating offenders through reconciliatory practices with victims and the community.

Rehabilitative Detention

A correctional approach focusing on rehabilitating offenders through education, therapy, and training to reintegrate them into society as law-abiding citizens.

Restorative Prison

A concept in criminal justice focusing on rehabilitating offenders through reconciliation with victims and the community at large.