Tax Accounting is a sub-module of Income Taxes and serves as a central platform for the calculation of current and deferred taxes in the context of tax reporting under IAS 12. The system automatically generates the corresponding disclosures for the notes and thus optimizes the entire tax accounting process.

Tax Accounting offers the following benefits, among others:

• Automated tax calculation: Calculations of deferred and actual taxes in compliance with regulations and in accordance with IAS 12, IAS 34, and Section 274 of the German Commercial Code (HGB)
• Group-wide data consolidation: Aggregation and harmonization of tax data from all companies
• Workflow management: Real-time monitoring of progress and deadlines with integration into financial processes
• Multi-system integration: Direct connection to ERP systems, financial systems, and third-party tools
• Period-specific data separation: Clear distinction between reporting periods
• Flexible parameterization: Customizable company-specific settings
• Standardized compliance processes: Consistent procedures to minimize audit risks
• Complex tax structure management: Management of multi-layered tax group structures

Tax Return is a sub-module of Income Taxes and offers a comprehensive solution for the preparation, management, and electronic filing of German tax returns in accordance with local tax regulations. The sub-module optimizes the entire tax return process from data collection to final submission to the German tax authorities, ensuring full compliance with all regulatory requirements.

• End-to-end tax reporting solution: Complete management from data collection to electronic transmission 
• Electronic transmission: Direct transfer of trade and corporate income tax, as well as breakdowns, assessment notices, and related attachments to German authorities 
• Compliance: Compliance with German regulatory requirements using validation functions 
• Central master data administration: Uniform data administration at company level for consistent data processing 
• Standardized transfer workflow: Guided processes for data entry, validation, approval, and final transfer 
• Snapshot functionality: Complete audit trail through automatic backup and restore functions 
• Seamless integration: Shared database with the Tax Accounting sub-module
• Data security and auditability: Protection of sensitive tax data with complete transmission history

The Pillar 2 sub-module supports the calculation, analysis, and reporting of global minimum tax obligations in accordance with the OECD’s Pillar 2 requirements. The module includes integrated data evaluations for Safe Harbour checks, CE calculations, de minimis assessments, jurisdictional blending, and allocation of top-up tax amounts. Rule-based calculations and scenario analyses enable a comprehensive understanding of effective tax rates, proactive risk mitigation, more efficient compliance, and strategic planning support for multinational corporations.

Key benefits of Pillar 2 include:

• Data input sheet: Easily evaluate the GloBE tax base and the adjusted covered taxes per group entity.
• Transitional CbCR Safe Harbour: Perform the transitional CbCR Safe Harbour check at jurisdiction level using only the data required for the Simplified ETR Test, de minimis test, or Routine Profits Test.
• Automatic data aggregation: Aggregate data by jurisdiction, taking into account additional blending groups such as joint ventures.
• Master data transfer: Use master data from other TCR modules to avoid redundant data maintenance.
• Roles and permissions concept: Customize roles and permissions to individual or company-specific requirements.
• Period concept: Plan and simulate using our flexible period concept.
• Milestone concept: Ensure accuracy through the four-eyes principle.
• Flexible data integration: Connect data sources via CSV import, web service, and other standard interfaces.
• Transaction data transfer: Transfer transaction data (IFRS or tax values) from other TCR modules.
• Documentation of adjustments: Add comments and documents to adjustments.
• Jurisdiction-specific adjustments: Perform jurisdiction-specific adjustments in accordance with the GloBE ruleset.
• Carve-out rules: Define and document relevant carve-out rules, including the CbCR Safe Harbour test.
• Flexible reports: Create and evaluate flexible reports.

The CbCR (Country-by-Country Reporting) sub-module enables the automated collection, validation, and reporting of country-specific data in accordance with OECD guidelines and local regulations. The CbCR module includes features for data integration and audit workflows and provides ready-to-use reports. This allows for a comprehensive overview of global tax obligations, improved compliance, reduced manual effort, and increased audit readiness.

Key benefits of CbCR include:

• Overview of jurisdictions and entities with CbCR-relevant key figures: Table 1 provides detailed insights at the jurisdiction level, while Table 2 offers a clear breakdown by constituent entities (CEs).
• Adding additional information: Users can add customer-specific supplementary information for each jurisdiction — or combination of jurisdictions — for any point in the report. Comments can be provided in multiple languages to ensure clear communication in key languages. All additional information is seamlessly integrated and displayed as Table 3 in the CbCR report, providing the tax authorities with a more complete and transparent overview.
• Integration of Pillar 2 and CbCR for the Pillar 2 Safe Harbour Check: The integration between the CbCR and Pillar 2 modules simplifies the process by enabling the data required for the Safe Harbour Check to be imported directly from the CbCR module.
• Reporting and interfaces to tax authorities: The CbCR module simplifies country-by-country reporting by generating fully compliant XML files that meet both international and national requirements. It adapts to different reporting obligations in various jurisdictions, ensuring smooth and straightforward compliance with global standards and national laws.
• Validations and XML verification: The CbCR module ensures the accuracy and reliability of your country-by-country reports through comprehensive validations at every stage. From input data to calculation results to the final XML output, the submodule performs rigorous checks to identify inconsistencies and errors early in the process.