According to the instructions for row 360 of template C01, only the amount of deferred tax liabilities that would be extinguished if the intangible asset became impaired or was derecognized under the relevant accounting standard, should be reported; therefore, only positive values should be allowed.

In case deferred tax assets are recognized in relation to some intangible assets, they should be treated according to article 38 of CRR, that is, risk weighted or deducted in the dedicated row of C01 (370 or 490).

In particular, in case an institution has both deferred tax liabilities associated with some intangible assets and deferred tax assets associated with other intangible assets, they do not have to be netted or compensated. Deferred tax liabilities shall reduce the amount of the intangible asset deduction when allowed by the CRR, and the deferred tax asset shall be treated according to its nature without being netted by the corresponding tax liability, according to article 38(4) of the CRR (“Associated deferred tax liabilities of the institution used for the purposes of paragraph 3 may not include deferred tax liabilities that reduce the amount of intangible assets or defined benefit pension fund assets required to be deducted”).