Report DT (LCF)

Overview

The Report DT (LCF) in the [Sub-]Group area aggregates the tax losses carried forward of the subordinate or dependent individual companies. The entries made in the Loss carried forward workspace at the level of individual companies are used as the basis.

This article contains the following sections:

The Report DT (LCF) workspace is opened under (Sub-)group | Reports | Report DT (LCF).

The Report DT (LCF) workspace is displayed, for example, as follows:

Report DT (LCF)
Report DT (LCF)

The report is only displayed for companies for which the check box (Sub-) Group is activated in the master data in the Companies workspace.

Report Structure

The report view is divided into three table sections:

  • Expiry date of loss relief carry forward
  • Amount and utilization of the losses carried forward specification of the deferred taxes incurred
  • Total re-assessment unrecognised DTA
Columns and Their Meaning

The following columns are displayed in the Report DT (LCF):


Column

Description


Gross amount

Total amount of the tax losses carried forward before considering the usability and allowance


Thereof usable

Portion of the loss carried forward expected to be tax deductible in future periods


Thereof not usable

Portion of the loss carried forward classified as not usable (e. g. due to insufficient future profits or time restrictions)


Revaluation gross amount

Total allowance on the deferred tax assets from losses carried forward (Valuation Allowance)


Deferred tax assets short term

Tax asset that can be utilized within one year from losses carried forward


Revaluation deferred tax assets short term

Allowance on the short-term deferred tax assets


Deferred tax assets long term

Tax asset that can be utilized after more than one year from losses carried forward


Revaluation deferred tax assets long term

Allowance on the long-term deferred tax assets


Deferred tax assets

Total of all activated deferred tax assets from (short-term and long-term) losses carried forward


Unrecognized deferred tax asset

Total allowance on all activated (short-term and long-term) deferred tax assets


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