IFRS and taxation

gap

IFRS (international accounting) standards are different from tax rules. For example: recognition of income, fair value, leases.

adjustment

The tax adjustment report bridges the profit according to IFRS and the taxable income according to the Income Tax Ordinance.

Important Note: The information on this website is for general informational purposes only and does not constitute professional tax advice. Consult a qualified tax advisor before making financial decisions.