alleryStart learning →Items of OCI may be shown how regarding tax?
ANet of tax or gross with total tax
BTax shown only on profit items
CAlways gross, no tax shown
DAlways net, no tax shown
Answer & Solution
Correct answer: A. Net of tax or gross with total tax
OCI items can be net of tax, or before tax with one aggregate tax amount allocated between reclassifiable and non-reclassifiable items.
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