Artículo 22A. IAS 12 Paragraph 22A

A transaction that is not a business combination may lead to the initial recognition of an asset and a liability and, at the time of the transaction, affect neither accounting profit nor taxable profit . For example, at the commencement date of a lease, a lessee typically recognises a lease liability and the corresponding amount as part of the cost of a right-of-use asset. Depending on the applicable tax law, equal taxable and deductible temporary differences may arise on initial recognition of the asset and liability in such a transaction. The exemption provided by paragraphs 15 and 24 does not apply to such temporary differences and an entity recognises any resulting deferred tax liability and asset . [ Refer: paragraphs 15(b)(iii) and 24(c) Illustrative Examples: Illustrative computations and presentation example 8 Basis for Conclusions paragraphs BC74⁠–⁠BC88 ]