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Recognise the net deferred tax liability

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Reference no: EM13342710

Refer to the attached extracts from the Wannon Water 2012/2013 Annual Report:

- Comprehensive Operating Statement

- Balance Sheet

- Note 5: Income Tax

Required:

What recognition criteria for deferred tax liabilities and assets must Wannon Water meet in order to recognise the net deferred tax liability of $36.879 million in its accounts?

 

Reference no: EM13342710

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