Question ID
2022_6476
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Leverage ratio
Article
429
Paragraph
7
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Not applicable
Article/Paragraph
Not applicable
Type of submitter
Competent authority
Subject matter
Netting of DTAs with DTLs for the purposes of the calculation of leverage exposures
Question

For the purposes of calculation of leverage exposures as per CRR Art. 429 should the amount of DTAs be reduced  by the amount of the associated deferred tax liabilities?

Background on the question

According to CRR Art. 429 par 7 point b, unless otherwise expressly provided in Part 7, institutions, in order to calculate the total exposure measure, shall not net assets with liabilities. Does this restriction also comprise netting of DTAs with DTL prescribed by the accounting framework (for example deferred tax assets and the deferred tax liabilities that relate to taxes levied by the same tax authority and on the same taxable entity)? 

Submission date
Rejected publishing date
Rationale for rejection

This question has been rejected because the matter it refers to has been answered in Q&A 1856.

Status
Rejected question