1. Administering Tax Reporting
  2. Working with Net Operating Losses (NOL)/Credits
  3. Learning NOL Automation Calculation Rules
  4. Deferring Tax Losses
  5. Example Use Cases: Deferral
  6. Use Case 7: Defer a Tax Loss for Group of Entities using Include Entities and Include Jurisdictions

Use Case 7: Defer a Tax Loss for Group of Entities using Include Entities and Include Jurisdictions

Configuration

Defer a Tax Loss for group of Entities Using include Entities and Include Jurisdictions

Example:

Entities and domicile : Stamford(US), Atlanta (US), Montreal( CA), Toronto(CA)

TaxLoss0001CFS, Include Entities : Stamford, Atlanta and Include Jurisdiction : CA

Expected Behavior

Above rule for TaxLoss0001CFS account will run for Entities Stamford, Atlanta and All Canadian Entities that is, Entities with domicile CA.