If someone wants an Automated set-off for UK Fiscal Loss Relief in TRCS, How this can be achieved?
Summary:Fiscal Tax Losses - UK
Content (required): We are working for a client, wherein they want to understand if there is a possibility to automate sharing of losses as per UK Loss Relief Group. The base entities will also file their individual tax returns and calculate tax provisions. As per our understanding, even if we create an alternative structure and enable parent tax cal at the top, we cannot run the NOL Automation at the base entities. Would someone please help us, how they have helped their client with the same use case?
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