Deferred Taxes in Business Combinations

At acquisition you fair-value the acquiree's identifiable assets, but you do not adjust their tax bases. What does this mismatch force you to recognize, and why can't you just carry over the acquiree's old deferred taxes?

You fair-value an acquiree's PP&E upward, creating a taxable temporary difference. Which way does the resulting deferred tax move identifiable net assets, and what does that do to goodwill?

A deferred tax balance is being computed. What is the single comparison that defines a temporary difference, and why does that comparison (not the income-statement difference) drive the deferred tax?

When does an asset's tax base equal its carrying amount so that no temporary difference exists, even if book and tax numbers were derived differently?

You find an asset whose carrying amount is less than its tax base. Is the resulting deferred tax an asset or a liability, and what distinguishes this from the opposite case?

An acquiree brings sizeable operating loss carry-forwards into the combination. How much of a deferred tax asset do you recognize at the acquisition date, and what does recognizing it do to goodwill?

An acquired tax loss carry-forward was not recognized at acquisition because realization was not probable. A year later realization becomes probable. Where does the deferred tax asset get recognized?

A subsidiary correctly carries a deferred tax asset on its own books for an asset. After you fair-value that asset upward on consolidation, what can happen to that deferred tax balance?

Under IFRS you must book deferred taxes on every temporary difference. What accounting-policy freedom does an ASPE private enterprise get instead, and what must it disclose if it declines to recognize deferred taxes?

You know an asset's tax base is its future deductible amount. How is the tax base of a liability computed, and what special twist applies to revenue received in advance?

You buy a single asset (not part of a business combination) whose tax base differs from its cost, yet the deal touches neither accounting profit nor taxable profit. Do you book the deferred tax the liability method would seem to demand?

Goodwill's carrying amount and its tax base differ after a combination. Why does IAS 12 refuse to recognize a deferred tax liability on that difference?

At acquisition you locked in deferred taxes on the acquisition differential. Why can't those balances just be amortized on a fixed schedule in later consolidations?

The combination makes the acquirer newly confident it can use its OWN previously unrecognized tax losses against the acquiree's future profits. Does that benefit adjust goodwill, and when is it recognized?

Translating a foreign operation's statements into Canadian dollars throws off exchange differences that tax authorities ignore until realized. What does that mismatch oblige the reporting entity to recognize?