1. Administering Tax Reporting
  2. Working with Pillar Two
  3. Working with Transitional Safe Harbor Rules
  4. Configuring Safe Harbors

Configuring Safe Harbors

  1. Navigate to Configuration card.
  2. Click on Safe Harbor Automation.

    Note:

    • Safe Harbors automation allows automating the data from Tax Provision (Consol Cube) and or from CbCR (CbCR Cube)
    • Pillar Two Simplified Covered Taxes is setup to pull total tax from Consolidated ETR
    • In the example below, setup is pulling Pillar Two CbCR Revenue and Pillar Two CbCR Profit Before Tax from CbCR cube

      Example: Configuring Safe Harbors

Note:

If a separate CbCR scenario is created, then configure source scenario in the automation rule.

Configure Source Scenario

Note:

When selecting CbCR Scenario (that is, Actual_CbCR), then you must select Source Cube as CbCR, otherwise data will not be pulled also also valid source movement member.

Steps to Consolidation when CbCR is Enabled

After configuring Safe Harbor follow the below process of consolidating the data:

  • Consolidate Tax provision
  • Consolidate CbCR reporting entity if not consolidated
  • Consolidate Safe harbors (Standalone rule)
  • Run reporting currency translation to EUR_Reporting.