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Pillar Two (QDMTT, IIR, UTPR) and Qualified Parent & Entity Top Up Tax Allocation in TRCS

in Tax Reporting (Direct Tax) 1 comment

Summary:

Require clarity on the release timeline and roadmap for Pillar Two functionalities (QDMTT, IIR, UTPR) in TRCS, including the Qualified Parent and Entity Top Up Tax Allocation feature. We also want to confirm if all these can be managed in a single scenario once released.


Content (please ensure you mask any confidential information):

We are currently implementing Pillar Two functionality in TRCS and have a query regarding QDMTT, IIR, and UTPR:

  • As of now, Oracle has suggested creating a separate scenario for QDMTT. Once the out-of-the-box functionality (including the Qualified Parent and Entity Top Up Tax Allocation) is released, will TRCS allow us to handle
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