FRS 112-Reconciliation Of Effective Tax Rate To Statutory Rate
In FRS112 on Income Taxes or IAS 12, there is a requirement for a reconciliation statement between the Effective tax rate (ETR) to the Statutory Rate in the notes to the financial statement wherein the following are normally taken up:
Non allowable expenses
Deferred tax assets not recognized
Expenses not allowed for tax purposes
Non taxable income
Differential tax rate-SME’s [...]
October 20, 2008
Tags: Corporate Tax, Effective Tax Rate Posted in: Corporate Tax, EVA, Financial Strategy, Others 
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