Report Tax Balance Based Profit

Getting Started

Global Functions

Lucanet Lume

Data Hub

Administration

Extended Planning & Analysis (xP&A)

Consolidation & Financial Planning

ESG Reporting

Disclosure Management

XBRL Tagger

Lease Accounting

Banking & Cash Management

Data Collection

Tax Compliance & Reporting

Tax Administration

Income Taxes

User Interface of Income Taxes

Modules and Additional Functions in Income Taxes

Income Tax Forms

Master Data

Company

Status

Basic Data

Import

Import Suite

Deferred Taxes

Current Taxes

TB Transfer

§ 8b KStG

Zuwendungen (Grants)

Rollforward LCF

Corporate Income Tax

Local Tax

Decomposition

Transfer zum OT (Transfer to Tax Group Parent)

Current Taxes

Report Tax Balance Based Profit

(Special) Investment Income

Interest Capping Rule

Transfer zum Anteilseigner (Transfer to Shareholder/Partner)

Einkünfte (Revenue)

§ 15a EStG

Angaben für MU (Information for Partners)

Feststellung (Determination)

Anlage Bekanntgabe (Notification Attachment)

Tax Liabilities

KapEStA

Electronic Transmission

Data Transfer

Data Export

Validation

Comments

Snapshots

True-Up

(Sub-) Group

Reporting

Pillar 2

Country-by-Country Reporting

First Steps in Pillar 2 and CbCR

Tax Balance

Tax Services

Glossary

The development of taxable asset differences or tax balance surpluses/deficits is displayed in the Report Tax Balance Based Profit workspace. Only the balance sheet items where a difference exists between the local balance and tax balance are displayed. The difference between the asset difference of the prior period and that of the current period represents the tax profit difference.

The Report Tax Balance Based Profit workspace is only displayed in annual closing periods.

You can access the Report Tax Balance Based Profit workspace under Company | Current Taxes | Report Tax Balance Based Profit.

The Report Tax Balance Based Profit workspace is displayed as follows, for example:

The tax surplus/deficit corresponds to the respective proposed value on the Anlage GK (GK Attachment)form (correction according to section 60 (2.1) of the Income Tax Ordinance for the adjustment of the local balance to the tax balance in rows 11.2.1 and 11.2.2 in the GK attachment).

The following columns are displayed in the Report Tax Balance Based Profit workspace:

Column	Description
Account ID	Unique number used to identify the item in the tax rate reconciliation (TRR)
Account name	Name of the balance sheet item or reconciliation item that leads to an increase or decrease in profit
Additional capital for tax purposes prior period	Balance of the additional capital for tax purposes from the previous period (opening balance value at the beginning of the period)
Effect on taxable income	Impact of the item on the taxable income in the current period (increase or decrease in profit)
Additional capital for tax purposes current period	Balance of the additional capital for tax purposes at the end of the current period (previous period +/- effect on profit)