1. User's Guide
  2. Data Sources and Flows
  3. Current Provision

Current Provision

Calculates the Current Provision for the national/federal income tax.

Sources of Data:

  • Rules in Tax Automation

  • RTA

  • Equity Perm/Temp (with UD Property)

  • Tax Losses/ Tax Credits (Utilization when linked)

  • Current Provision Regional (when deductible for National provision)

  • Tax Rates (Current Year Tax Rate)

  • Manual Input

Flow of Data to:

  • Temporary Differences (Automated and Adjustment column)

  • Tax Losses (Deferral when linked)

  • Current Provision Regional (when Regional tax and apportionment rates are input)

  • Statutory Rate Reconciliation (all permanent items)

  • Consolidated Rate Reconciliation (all permanent items)

  • Total Tax Provision (Current Provision)

  • RTA (last period – P12/Q4)