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

To-Up Tax Not Copying to UPE member post Consolidation

in Tax Reporting (Direct Tax) 4 comments

Summary:

Hi,

I'm facing an issue with Allocating Pillar Two Top-Up Tax to Parent Payer.

The "Pillar Two Qualified Top-Up Tax By Entity" form correctly displays the Top-Up Tax allocations by entity and payer.

However, after running Consolidation, the allocated Top-Up Tax is not transferred to the UPE account member in Current Provision and ETR as expected.

Current Tax Payable Automation is also not enabled in the application. Is this a prerequisite?

Has anyone encountered this issue or know what configuration should be verified?

Content (please ensure you mask any confidential information):


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

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

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