No ICP on Minority interest when MI is on a Holding entity
Summary
No ICP on Minority interest when MI is on a Holding entityContent
In Total Geography, I would like to see the Minority Interest per Intercompany Partner.
I can’t get this to work for Minority Interest on Net result, when then minority ownership is on a Holding entity.
For example see the Legal and FCCS structures in the image:
Holding entity always needs to have 100% ownership within the group. Therefore 51% ownership is applied on Group (Group2) level.
Holding2 and Sub2 have an ultimate ownership of 51%. Therefore, I would expect the following minority Interest booking:
Sub2: Net result 200 * 49% = 98 Minority Interest with ICP_Sub2
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