Artículo 33. IAS 12 Paragraph 33

One case when a deferred tax asset arises on initial recognition of an asset is when a non‑taxable government grant related to an asset is deducted in arriving at the carrying amount of the asset [ Refer: IAS 20 paragraphs 24 and 27 ] but, for tax purposes, is not deducted from the asset’s depreciable amount (in other words its tax base ); the carrying amount of the asset is less than its tax base and this gives rise to a deductible temporary difference . Government grants may also be set up as deferred income in which case the difference between the deferred income and its tax base of nil is a deductible temporary difference. Whichever method of presentation an entity adopts, the entity does not recognise the resulting deferred tax asset, for the reason given in paragraph 22 .