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Calculate the tax expense for the period

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Reference no: EM132987278

For the financial year ended 31 December 2020, ALMA BHD was charged with RM45,000 tax by the tax authority. The deferred tax asset is RM15,000 and the deferred tax liability is RM8,000 for the period.

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Problem 1: Assuming no beginning balance of deferred tax, calculate the tax expense for the period.

Reference no: EM132987278

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