IASB issues the ED Recognition of Deferred Tax Assets for Unrealised Losses (Proposed amendments to IAS 12)

The IASB published proposed amendments to IAS 12: Recognition of Deferred Tax Assets for Unrealised Losses. The proposed amendments propose guidance that clarifies how to account for deferred tax assets related to debt instruments measured at fair value. The Exposure draft is open for comments until 18 December 2014.