AC & Auditing Q.120
0. Where the impairment of goodwill is not tax-deductible, AASB 112 Income Taxes:
- A
does not permit the application of deferred tax accounting to goodwill;
- B
allows the recognition of a deferred tax item in relation to goodwill;
- C
requires that any deferred tax items in relation to goodwill be recognized directly in equity;
- D
requires that any deferred tax items for goodwill be capitalized in the carrying amount of goodwill;
