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Why is Pillar two Currency set up in the system? - Translation To EUR Reporting

Accepted answer
edited Feb 22, 2024 7:27PM in Tax Reporting 6 comments

Summary: Why is Pillar two Currency set up in the system?  Definition of Pillar Two Currency?

Entity can be different currency but for Pillar Two reporting it can be a different currency data and therefore you can see the currency data for Pillar two Jurisdiction. This will help us to differentiate Pillar two Jurisdiction vs domicile and help us identify Pillar Two currency.

Is my understanding correct?

Can you share any updates on FX translation process for Pillar Two currency. Thank you!

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