Under IAS 12,current and deferred taxes are measured on the basis of:

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Under IAS 12, current and deferred taxes should be measured based on the tax rates that have been enacted or substantively enacted by the balance sheet date. This approach provides a more accurate reflection of the amount of tax that will ultimately be payable, as it takes into account any changes in tax legislation that have been approved or are virtually certain to be approved by the balance sheet date. Option B and C are partially correct as they consider future and current tax rates but fail to consider the enacted or substantively enacted rates. Option D is irrelevant and incorrect as the provision of goods or services is not a factor in measuring current and deferred taxes under IAS 12.

Under IAS 12,current and Deferred Taxes Are Measured on the Basis