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

Working with Safe Harbor Metadata

Currency

Transitional Safe Harbor tests thresholds are defined in Euro currency, hence it is required to have EUR currency

Create EUR currency and check the reporting currency option for EUR. See Currency Dimension

Check_Reporting_Currency

Account

Details on Safe Harbors Accounts (see, Account Dimension) setup is:

Safe Harbors Accounts

Note:

You can extend CbCR Revenue (TRCS_CbCRRevenue) and CbCR Profit Before Tax (TRCS_CbCRProfitBeforeTax) to add additional detailed members, and the detailed account(s) can be used to define automation rules.

Example

Example

In the above example, Revenue Performance Obligation and Revenue International are child members of TRCS_CbCRRevenue. BasePTBI is a child member for TRCS_CbCRProfitBeforeTax.