An old acquiantance...
Reconciling my DTAs and DTLs for my STAT. In regards to Fixed assets I have the following components:
IFRS16: Depreciation is allowable for tax so no deferred. However, an transition adjustment was posted Debit equity 100, Credit fixed assets 100.
I have recognized a deferred for this transition adjustment as we get a permanent tax adjustment in our tax return the next 5 years in relation to the transition adjustment (Prepared by Big4 advisor - but they dont advise on deferred tax without a separate engagement).
Now, currently a show my transition adjustment as "other" in STAT tax note reconciliation.
Could this potentially be grouped under Item "Fixed Assets". Fixed assets relate to Carrying value vs Tax basis for Plant pool.