1. Administering Tax Reporting
  2. Working with Pillar Two
  3. Configuring Pillar Two
  4. Configuring Pillar Two Jurisdictions

Configuring Pillar Two Jurisdictions

To assign in-scope Entities to their Pillar Two jurisdiction:

  1. Create Pillar Two Jurisdiction under TRCS_TotalPillarTwoJurisdictions and associate pre-defined currency from PillarTwoCurrency attribute.

    Note:

    Include the currency abbreviation full country name in the Alias, this will help to differentiate pillar two Jurisdiction vs Domicile and identify Currency.

    Currency Abbreviation

  2. Navigate to Library.
  3. Open Pillar Two Jurisdiction Automation form under Pillar Two Administration folder.
  4. Use the dropdown to assign in-scope Entities to the Pillar Two Jurisdiction.
  5. Pillar Two Jurisdictions list is pre-populated based on the members created under "TRCS_TotalPillarTwoJurisdictions".

    Pillar Two Jurisdiction list

Note:

Parent and Child entities cannot have a jurisdiction mapping active for the same Scenario, Year, and Period.

See also: Jurisdiction Dimension