We'd love to hear from you! Provide  feedback  to earn a badge today. Take our quick survey
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Current Provision v/s Statutory ETR/Consolidated ETR

Accepted answer
1
Views
2
Comments
edited Dec 7, 2021 3:15PM in Tax Reporting 2 comments

Summary:

Statutory ETR/Consolidated ETR numbers are not matching with Current Provision

Content (required):

I have some entities where Current Provision numbers are matching with Statutory ETR/Consolidated ETR however for a few entities current provision numbers are not matching with Statutory ETR/Consolidated ETR. Also, the difference between Current Provision vs Statutory ETR/Consolidated ETR is deferred tax (PL) amount.

Can anyone help me understand whether the Current Provision should match with Statutory ETR/Consolidated ETR or to the extent deferred tax amount difference is fine?

Has anyone else experienced this?

Version (include the version you are using, if applicable):

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!