How to calculate Pillar Two - Top up Tax in Oracle TRCS OOTB?
in Tax & Global
In our Oracle TRCS OOTB Instance, we have entered values for GloBE Income and Covered Taxes, and the system is correctly calculating the Effective Tax Rate (ETR). However, we are unable to retrieve or view any calculated values in the Top-up Tax fields. As mentioned in the Oracle Admin guide, we had entered the Pillar Two Tax rate in the Pillar Two Tax Rate Form, but the Top-up Tax Rate, ie. Pillar Two Tax Rate v ETR, is not getting calculated, as a result of which Top-up tax is also not appearing. Please let us know what might be the reason the Top-up tax rate and amounts are not getting calculated or whether there's any rule we need to run after entering Tax rate in the
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