Taxable Temporary Difference

CFA Level I FRA
#1

Hi,

Can somebody plz explain What would the related tax liability will be in the below example.

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Also the difference between taxable temproray difference and Deductible temporary difference

—CFAinstitute book pg 540.

#2

Taxable temporary difference = income that you earn now and will be taxable in the future (when they are recovered/settled in future) : DTL arise

Deductible temporary difference = expenses that you expense now and will be deductible in the future (when they are recovered/settled in future) : DTA arise