Company: TCMFF
Filing Date: 2025-05-19
Form Type: 6-K
Source: 0001104659-25-050264
Chunk: 50

Company: TELECOM ARGENTINA SA
Filing Date: 2025-05-19
Form: 6-K
Chunk 50
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 contracts for Irrevocable Rights-of-use,
in which TMA transfers the use of certain network capacity to a third party for a specified period. These transactions require the separate
recognition of revenue from the financial component embedded in the agreements with customers when it is significant.

n) Income Tax

The income tax charge represents the sum of current
income tax and deferred income tax.

Current Tax

The current tax is based on the taxable result
for the period. The taxable result differs from the result before tax presented in the income statement due to items of income or expenses
that are taxable or deductible in other years and items that are never taxable or deductible. TMA's current tax is calculated using the
applicable tax rates published or about to be published by the end of the year.

Deferred Income Tax

Deferred income tax is recognized on temporary
differences between the net carrying amounts of assets and liabilities in the financial statements and their corresponding tax bases used
to calculate the taxable result. Generally, deferred income tax liabilities are recognized for all taxable temporary differences. Additionally,
deferred income tax assets are recognized for all deductible temporary differences when it is probable that there will be tax benefit
against which these deductible temporary differences can be set off. These deferred income tax assets and liabilities are not recognized
if the temporary difference arises from the initial recognition (other than in a business combination) of assets and liabilities in a
transaction that does not affect the tax result or the accounting result. In addition, temporary differences are not recognized with respect
to the initial recognition of goodwill.

Deferred income tax liabilities are recognized
for taxable temporary differences associated with investments in subsidiaries, associates, and joint ventures, except when TMA can control
the reversal of the temporary difference and it is not likely to reverse in the foreseeable future. Deferred income tax assets arising
from deductible temporary differences related to these investments and interests are only recognized when it is probable that sufficient
taxable profits will be available against which these temporary differences can be offset, and it is probable that they will be reversed
in the foreseeable future.

Deferred income tax assets and liabilities are
measured using the tax rates that are expected to apply in the period when the liability is settled or the asset is realized, based on
the tax rates set forth in the tax laws that have been enacted or are about to be enacted at the end of the year.

The valuation of deferred income tax liabilities
and assets reflects the tax consequences that would arise from the manner in which TMA expects, at the end of