Tax Income
From Open Risk Manual
Definition
Tax Income. The aggregate amount included in the determination of profit (loss) for the period in respect of current tax and deferred tax that relate to continuing operations. Deferred tax is income tax payable (recoverable) in respect of the taxable profit (tax loss) for future reporting periods as a result of past transactions or events.
[Refer: Current tax expense (income)]
Usage
XBRL Properties
- IFRS Prefix: ifrs-smes
- Element Name: Tax income (expense)
- Common Initials:
- Element Type and Attributes: (X)duration, debit
- Hierarchy Level: 2
- IFRS References: [1]
References
- ↑ IFRS for SMEs29.39[2015-12-01]Disclosure, IFRS for SMEs5.5d[2015-12-01]Disclosure
