Page 159 - Hang Lung Group 2012 Annual Report

2 PRINCIPAL ACCOUNTING POLICIES (Continued)
(r) Taxation
Income tax for the year comprises current tax and movements in deferred
tax assets and liabilities. Current tax and movements in deferred tax
assets and liabilities are recognized in profit or loss except to the extent
that they relate to items recognized in other comprehensive income or
directly in equity, in which case the relevant amounts of tax are recognized
in other comprehensive income or directly in equity, respectively.
Current tax is the expected tax payable on the taxable income for the
year, using tax rates enacted or substantively enacted at the end of
the reporting period, and any adjustment to tax payable in respect of
previous years.
Deferred tax assets and liabilities arise from deductible and taxable
temporary differences respectively, being the differences between the
carrying amounts of assets and liabilities for financial reporting purposes
and their tax bases. Deferred tax assets also arise from unused tax
losses and unused tax credits.
Apart from certain limited exceptions, all deferred tax liabilities, and all
deferred tax assets to the extent that it is probable that future taxable
profits will be available against which the asset can be utilized, are
recognized. The limited exceptions to recognition of deferred tax assets
and liabilities are those temporary differences arising from goodwill not
deductible for tax purposes and the initial recognition of assets and
liabilities that affect neither accounting nor taxable profits, and temporary
differences relating to investments in subsidiaries to the extent that, in
the case of taxable differences, the Group controls the timing of the
reversal and it is probable that the differences will not reverse in the
foreseeable future, or in the case of deductible differences, unless it is
probable that they will reverse in the future.
2 主要會計政策（續）
(r) 稅項
本年度所得稅包括本年稅項、遞延稅項資
產及負債的變動。除某些在其他全面收益
確認或在權益內直接確認的項目之相關的
稅項亦應分別記入其他全面收益或在權益
內直接確認外，其他本年度稅項及遞延稅
項資產及負債的變動則於損益確認。
本年稅項指期內就應課稅收入按結算日已
生效或實質上已生效的稅率計算之預期應
付稅項，並已包括以往年度應付稅項的任
何調整。
遞延稅項資產和負債分別由可扣稅及應課
稅暫時差異產生，而暫時差異乃資產及負
債在財務報表上的賬面值與這些資產及負
債的納稅基礎兩者之差異。遞延稅項資產
亦可來自未使用的稅項虧損及未使用的稅
項抵免。
除若干有限的特別情況外，所有遞延稅項
負債，以及未來可能有應課稅溢利可供抵
免的相關遞延稅項資產均予確認。確認遞
延稅項資產及負債的有限特別情況，包括
不可扣稅的商譽所產生的暫時差異，以及
不影響會計或應課稅溢利的資產及負債之
初始確認，以及有關於附屬公司之投資之
暫時差異（就可課稅差異而言，則本集團可
控制撥回時間及差異於可見將來或不能撥
回，或就可扣減差異而言，則除非差異可
於未來撥回）。
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