To comply with the INREV NAV requirements, deferred tax liabilities (DTL) should be measured based on an asset-by-asset assessment rather than a fixed percentage approach, ensuring alignment with disposal methods, tax structuring and market conditions.
This updated INREV NAV Q&A provides guidance on calculating the fair value of DTL, highlighting key considerations and illustrating the methodology with an example.
To view the updated Q&A and example, go to the INREV NAV module of the Guidelines via the button below, click on 5. Q&A in the menu on the right and scroll to ‘Calculation of adjustment in respect of deferred tax liability’.