What's New in Income Taxes

In the Units workspace, you can now specify data for each unit regarding Country-by-Country-Reporting, Public Country-by-Country-Reporting, and Pillar 2.

In the Country-by-Country-Reporting section, you can indicate if the entity is not a constituent entity for CbCR purposes, or a Stateless Constituent Entity, and the same correspondingly for the Public Country-by-Country-Reporting. In the Pillar 2 section, you can enter e.g. if the entity is not a Constituent Entity for Pillar 2 purposes, Tax Identification Number, Jurisdiction that issued TIN, or Jurisdiction (ISO-Code), among others.

Data source and migration: Existing data from the International Taxes section in Income Taxes master data can be migrated to the corresponding fields in the Units workspace using an Excel template. It is also possible to add additional data to this Excel file before importing the data into Tax Administration. After migration, the International Taxes section is no longer used for new data entry in Income Taxes.