1. Working with Tax Reporting
  2. Working with National Tax Process
  3. National Current Provision
  4. Working with the National Current Provision Form
  5. Deductible Regional and Other Taxes

Deductible Regional and Other Taxes

This section of the Current Provision form provides for the automatic deduction of regional taxes that are configured to be deductible in the system, as well as manual adjustments for other taxes that are deductible at the national level:

  • Regional Income Taxes—Automated value comes from the regional current provision if the regional deduction is configured to be deductible for national provision purposes. For example, US States are deductible for Federal purposes.

  • Other Deductible Income Tax—Manual input for other taxes that are deductible at the national level equals

  • Deductible Income Tax