Battlecard #15
I'm comparing the answer from this battlecard against the battlecard from CIA.IFRS17 (I know this is outdated) and I realized one card said it includes transaction tax but the other said IFRS17 excludes tax in calculated probability weighted cashflows. I just want to confirm if tax is actually included in the newest paper.
Comments
I believe for the latter, it is more of referring to income taxes. Please refer to question 2.30 in the IC paper which provides a succinct explanation