I need to recognize deferred tax on a IFRS 16 transition adjustment.
In equity is booked a credit of 200K. This is amortised with 20K.
In my tax return a schedule called change in Basis IFRS 16 is updated. One entry is called deferral amount cf -102 K.
Is it correctly understood that deferred tax related to a transition adjustment is the carrying value - the tax basis?
Not sure why a tax basis could be different from carrying value for a transition adjustment?