Available Tax Settings

Before you use the Tax Settings module for the first time, you must run click on the Migrate option on the existing Tax Settings screen.

For more information on Migration, see Managing Tax Settings

The following tax settings are available for Tax Reporting:

Table 6-3 Available Tax Settings

Settings Type	Settings Entry	By Default Enabled/Disabled	Settings Description	Settings Detailed Description
Return To Accrual	Source of RTA from Base Entity	Enabled	Enables the use of Source RTA from the Base Entity. If this option is disabled, the Source RTA will be picked up from the Parent Tax Calc Entity	Enables the use of Source RTA from the Base Entity. If this option is disabled, the Source RTA will be picked up from the Parent Tax Calc Entity
Return To Accrual	RTA Actual Regional Deduction in P13	Disabled	Enables RTA Actual Regional Deduction in P13	Enables RTA Actual Regional Deduction in P13
Return To Accrual	Post RTA Differences	Disabled	Enables the posting of the National RTA differences to newly added active state or province	Enables the posting of the National RTA differences to newly added active state or province
Translation	Periodic Currency Translation Method	Disabled	Enables Periodic Currency Translation Method. If disabled, the Currency Translation Method is Year To Date	Enables Periodic Currency Translation Method. If disabled, the Currency Translation Method is Year To Date
Translation	Periodic Currency Translation Method for P13 and P14	Disabled	Enables Periodic Currency Translation Method for P13 and P14	Enables Periodic Currency Translation Method for P13 and P14
CbCR	Parent tax calc entities for CbCR Automation	Disabled	Enables Parent tax calc entities for CbCR Automation	Enables Parent tax calc entities for CbCR Automation
Pillar Two	Closing Deferred Tax rate - Non Current to recast	Disabled	Enables using Closing Deferred Tax rate - Non Current to recast	Enables using Closing Deferred Tax rate - Non Current to recast
Pillar Two	Other Accounts Automation	Disabled	Run Other Accounts Automation before GLoBE Income Automation	Run Other Accounts Automation before GLoBE Income Automation
Pillar Two	Validate Transitional Safe Harbor	Disabled	Validate Transitional Safe Harbor De minimis threshold amounts to EURO Currency	Validate Transitional Safe Harbor De minimis threshold amounts to EURO Currency
Interim Provision	Forecasted AEETR in Interim Provision	Disabled	Enables applying Forecasted AEETR in Interim Provision (Automatically launches Refresh Database)	Enables applying Forecasted AEETR in Interim Provision (Automatically launches Refresh Database)
Intercompany	Intercompany Elimination	Disabled	Enables Intercompany elimination at individual data source(s)	Enables Intercompany elimination at individual data source(s)
Losses and Credits	Transfer Other Balance Sheet Adjustments	Disabled	Enables transfer of Other Balance Sheet Adjustments from Tax Losses and Credits form to Equity Automated in Temporary Differences	Enables transfer of Other Balance Sheet Adjustments from Tax Losses and Credits form to Equity Automated in Temporary Differences