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Tax Automation Rules Best Practices - Global vs Domicile vs Entity

in Tax Reporting (Direct Tax) 1 comment

Summary:

I am trying to figure out the process for setting up TRCS to accommodate tax automation rules for a new region / domicile.

Content (required):

Newer to TRCS and was not part of Application setup and team that was is no longer present. The scope of our application is currently US entities only. We are now looking at bringing on China for provisioning. What is the best practice for facilitating this when it comes to setup? Do you enter Domicile specific automation at Domicile only and let it cascade down to relevant entities? Or should all automation rules get entered at Global and then you enable / disable relevant rules at the Domicile/Entity level? Currently, we have been

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