Artículo 41. IAS 12 Paragraph 41

The non‑monetary assets and liabilities of an entity are measured in its functional currency (see IAS 21 The Effects of Changes in Foreign Exchange Rates ). If the entity’s taxable profit or tax loss (and, hence, the tax base of its non‑monetary assets and liabilities) is determined in a different currency, changes in the exchange rate give rise to temporary differences that result in a recognised deferred tax liability or (subject to paragraph 24 ) asset. The resulting deferred tax is charged or credited to profit or loss (see paragraph 58 ). E16