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 8: Defer a Tax Loss for Group of Entities using Include Entities, Excluding one Entity and Include Jurisdictions

Use Case 8: Defer a Tax Loss for Group of Entities using Include Entities, Excluding one Entity and Include Jurisdictions

Configuration

Defer a Tax Loss for group of Entities Using include Entities, excluding one Entity and Include Jurisdictions

Example:

To exclude one of the Canadian Entity, for example: TaxLoss0001CFS, Include Entities: Stamford, Atlanta, Exclude Entity: Montreal 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 Except Montreal Entity.