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Regional Apportionment Functionality required in National Tax Provision

Received Response
edited Jan 14, 2021 9:03AM in Tax Reporting 1 comment



We have a requirement where Entity 1 has a foreign shareholding of 4.3%. Income tax applies to foreign shareholding only.

In National tax automation, we are using a pull method with 4.3%. Using this option, all number in national current provision screen shows the proportionate value for book profit, all perms and all temps. Final national current provision number also matches with the return.

However, the requirement is the presentation of data in national current provision screen. A client wants to see all profit, perms and temps number as 100% first and then similar to regional provision, there should be one line to apportion all 100% amount like 4.3%.

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