C5 – Top-up Tax Allocation
Last updated on 2025-07-07
Overview
This workspace displays the top-up tax payable by low-taxed CEs and members of joint venture groups.
The tax is calculated by distributing the top-up tax amount per jurisdiction or subgroup to the low-taxed CEs with a positive GloBE income based on their share of the total GloBE income in that jurisdiction or subgroup.
Notes on the Individual Sections
Low-taxed CE Allocated Top-Up Tax
- TA-1: ISO code of the jurisdiction or subgroup.
- TA-2.1: Positive GloBE Income of the low-taxed CE or member of Joint Venture Group
- TA-2.2: INC-3 of the entire jurisdiction or subgroup
- TA-2: {TA-2.1} / {TA-2.2} * 100
- TA-3.1: Equal to TT-3.
- TA-3: {TA-2} * {TA-3.1} / 100
Low-taxed CE Allocated Top-Up Tax
- TA-4.1: Equal to the Total amount in IR-1.
- TA-4.2: {TA-3} * {TA-4.1} / 100