Implications of country specific tax calculations based on different tax jurisdictions sharing same

Summary:

We have a scenario wherein a holding company have two different legal entities. One legal entity is registered in United States with U.S. address and the second legal entity is registered in a European country with Ireland address. Both follow the same accounting method, calendar, currency, COA and share the same ledger with USD currency. A separate reporting currency ledger is setup in european currency for local statutory reporting. We are now required to setup Fusion Tax for these two legal entities based on country specific jurisdictions - U.S. and Europe. Since these entities are sharing the same primary ledger,