Annual Report 2019

160 SHOUGANG CONCORD CENTURY HOLDINGS LIMITED 首長寶佳集團有限公司 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 綜合財務報告附註 FOR THE YEAR ENDED 31 DECEMBER 2019 截至二零一九年十二月三十一日止年度 2 重大會計政策概要 （續） 2.23 當期及遞延所得稅 本期間的所得稅費用或減免是按當 期應納稅所得額計算的應納稅所得 額，是根據各個司法管轄區的適用 所得稅率，按遞延稅項資產及負債 因暫時性差異和未使用稅項虧損的 變動調整。 (a) 當期所得稅 當期所得稅支出根據本公司及 其附屬公司營運及產生應課稅 收入的國家於結算日已頒佈或 實質頒佈的稅務法例計算。管 理層就適用稅務法例詮釋所規 限的情況定期評估報稅表狀 況，並在適用情況下根據預期 須向稅務機關支付的稅款設定 撥備。 (b) 遞延所得稅 遞延所得稅乃就資產與負債之 稅基及資產與負債於綜合財 務報表中賬面值兩者之暫時 差額，以負債法悉數撥備。然 而，倘遞延稅項負債乃產生自 商譽之初始確認，則不會確認 遞延稅項負債。倘遞延所得稅 乃產生自於初步確認交易（業 務合併除外）資產或負債而得 之商譽，且當時之交易並無影 響會計或應課稅溢利或虧損， 則亦不會予以確認。遞延所得 稅乃以於結算日已訂明或實質 訂明之稅率（及法例）釐定， 並預期於變現相關遞延所得稅 資產或償還遞延所得稅負債時 適用。 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) 2.23Current and deferred income tax The income tax expense or credit for the period is the tax payable or recoverable on the current period’s taxable income based on the applicable income tax rate for each jurisdiction adjusted by changes in deferred tax assets and liabilities attributable to temporary differences and to unused tax losses. (a) Current income tax The current income tax charge is calculated on the basis of the tax laws enacted or substantively enacted at the end of the reporting period in the countries where the Company and its subsidiaries operate and generate taxable income. Management periodically evaluates positions taken in tax returns with respect to situations in which applicable tax regulation is subject to interpretation. It establishes provisions where appropriate on the basis of amounts expected to be paid to the tax authorities. (b) Deferred income tax Deferred income tax is provided in full, using the liability method, on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the consolidated financial statements. However, deferred tax liabilities are not recognised if they arise from the initial recognition of goodwill. Deferred income tax is also not accounted for if it arises from initial recognition of an asset or liability in a transaction other than a business combination that at the time of the transaction affects neither accounting nor taxable profit or loss. Deferred income tax is determined using tax rates (and laws) that have been enacted or substantially enacted by the end of the reporting period and are expected to apply when the related deferred income tax asset is realised or the deferred income tax liability is settled.