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Division Amendments to IAS 12

United Kingdom

Original text. Later amendments are not shown.

  1. B2.

    IAS 12 Income Taxes is amended as described below.

    The first sentence of paragraph 20 is amended to read as follows:

    1. 20..

      IFRSs permit or require certain assets to be carried at fair value or to be revalued (see, for example, IAS 16 Property, Plant and Equipment, IAS 38 Intangible Assets, IAS 39 Financial Instruments: Recognition and Measurement and IAS 40 Investment Property).