Tax accounting algorithm

Introduction

Context

Welcome to the OpenSource Tax accounting Algorithm with Tax Impact Computation wiki page! This platform serves as a comprehensive resource for understanding and implementing a pioneering open-source algorithm specifically designed to compute and prepare the tax proof and the deffered tax report.

Objectives

The objective of this algorithm is to perform tax accounting computations on a dataset from a company, produce the tax proof and/or the deferred tax report. This algorithm allows to run the computation on an arbitrary data structure through the use of labelling systems and gives back the result at the requested level of segmentation.

Feature Overview

The algorithm will present the following features:

• Computation of the tax impact of the temporary differences, per flow;
• Inclusion of Tax losses and tax credits in the computation, with detail;
• Management of Core and Non-core analysis;
• Variable number of Reconciliation steps with configurable origin of the reconciliation;
• Central management of tax rates;
• Availability of a distinct reduced rate basked;
• Compatibility with the Pillar 2 computation;
• Generation of the Tax proof component;
• Generation of the Deferred Tax Report;
• Automated checks and controls for the different computations.

General logic of the algorithm

The tax accounting algorithm is a simple tool that can be used to compute elements of the tax reporting based on the data collected during the Tax accounting process.

The concept is rather simple : for each reconciliation steps between accounting norms within the groups, the differences are collected by steps, categories, type, nature and flows. This allows to identify the deferred taxes, and to compute the current tax charges as well as the different tax proof elements.

For the following computation the most complex step is to gather the data and map it to the right segmentations, more than the actual computations in themselves.

Development Program

The Tax accounting algorithm presented in this page is an ongoing work and its documentation on this wiki is also a work in progress. It is by no means complete and definitive, and changes will occur in the upcoming weeks and months.

Both GitHub and MediaWiki are amazing tools to manage collaborative work and track the progress and modifications that happen with time.

The detailed to-do list is presented Tax accounting algorithm development program.

Data structure

Algonomia API Framework

The Tax Accounting Algorithm uses Algonomia API Framework to receive input data and send output data for the computations. In the following sections, it is assumed that data has been transferred to the Tax Accounting Algorithm using this framework.

Input

The input data follows the usual division required by the Algonomia API Framework : Data, Rules, Other.

Data

The following tables presents the data points allowed as "Data" :

Input Data Points

Role	Label	Definition	Tax treatment	Typing	Multiplicity behavior	Mandatory
Matching	DTX Entity segmentation	Allows to define the segmentation of the data input that corresponds to the base aggregation level for the entity involved in the Tax accounting computation	N.a.	Couple (String; Integer)	Several Values can be defined as "DTX Entity segmentation", but the Integer has to be unique among the set	Yes
Data segmentation	DTX Level 1		N.a.	Enum : from the list of available DTX referencing tree levels	Forbidden	Yes
Data segmentation	DTX Level 2		N.a.	Enum : from the list of available DTX referencing tree levels	Forbidden	Yes
Data segmentation	DTX Level 3		N.a.	Enum : from the list of available DTX referencing tree levels	Forbidden	Yes
Data segmentation	DTX Level 4		N.a.	Enum : from the list of available DTX referencing tree levels	Forbidden	Yes
Data segmentation	DTX Level 5		N.a.	Enum : from the list of available DTX referencing tree levels	Forbidden	Yes
Data segmentation	Alternate 1		N.a.	Enum : from the list of available DTX referencing tree levels	Forbidden	Yes
Data segmentation	Alternate 2		N.a.	Enum : from the list of available DTX referencing tree levels	Forbidden	Yes
Data segmentation	DTX Free Account segmentation	Arbitrary segmentation level to preserve	N.a.	Couple (String; Integer)	Several Values can be defined as "DTX Free Account segmentation", but the Integer has to be unique among the set	No
Data segmentation	Type of difference		N.a.	Enum : from the list of available "Type of differences"	Forbidden	Yes
Data segmentation	Primary account		N.a.	Enum : from the list of available "Primary account" for the selected "Type of differences"	Forbidden	Yes
Data segmentation	Sub-account		N.a.	Enum : from the list of available "Sub-account" for the selected "Primary accounts"	Forbidden	Yes
Data segmentation	Nature		N.a.	Enum : Base; Tax	Forbidden	Yes
Data segmentation	Step		N.a.	Enum : Reporting to Separate; Separate to Contribution; Reporting to Local; Local To Tax; Tax losses and Tax credits; Local to Tax - Separate Basket	Forbidden	Yes
Data segmentation	Sign		N.a.	Enum : Positive; Negative	Forbidden	Yes
Data segmentation	Expiration		N.a.	Enum : Expiring in Y+0->5 (6 items); Expiring in over Y+ 5; Unlimited; Expired; N.a.	Forbidden	No
Data segmentation	Basket		N.a.	Enum : Standard; Reduced rate	Forbidden	Yes
Data segmentation	Tax rate multiplication		N.a.	Enum: deferred rate; current rate	Forbidden	Yes
Flows	Prior year Income - core		Base	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	Prior year Income - non-core		Base	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	Final Values - core		Base	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	Final Values - non-core		Base	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	Opening		Base	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	Perimeter entry		Base	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	Change in consolidation method		Base	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	Change in accounting policy		Base	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	Dividends paid		Base	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	Income - core		Base	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	Income - non-core		Base	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	OCI		Base	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	In year change in scope		Base	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	Reclass and Other		Base	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	Perimeter exit		Base	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	CTA		Base	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	Closing		Base	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Manual Tax rates	Opening Tax Rate		Rate	percentage	Only one value is acceptable for a given segment of the analysis, see Rule mapping	No, if required but absent, computation is aborted
Manual Tax rates	Annual Tax Rate		Rate	percentage	Only one value is acceptable for a given segment of the analysis, see Rule mapping	No, if required but absent, computation is aborted
Manual Tax rates	Closing Tax Rate		Rate	percentage	Only one value is acceptable for a given segment of the analysis, see Rule mapping	No, if required but absent, computation is aborted
Flows	Opening		Tax	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	Perimeter entry		Tax	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	Change in consolidation method		Tax	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	Change in accounting policy		Tax	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	Dividends paid		Tax	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	True-Up P&L - core		Tax	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	True-Up P&L - non-core		Tax	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	Income - core		Tax	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	Income - non-core		Tax	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	Change in tax rate P&L		Tax	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	OCI		Tax	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	Change in tax rate OCI		Tax	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	In year change in scope		Tax	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	Reclass and Other		Tax	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	Perimeter exit		Tax	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	CTA		Tax	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0
Flows	Closing		Tax	Couple (Decimal;ISO 3 Currency Code)	If multiple defined, are aggregated for computation	No, if absent and required by computation, assumed to be 0

Complete data structure

Level 1

Level 2

Level 3

Level 4

Level 5

Alternate 1

Alternate 2

Type of differences

Primary account

Sub-account

Expiration

Basket

Step

Nature

Tax rate multiplication

Sign

Group GAAP Result before Tax

Separate GAAP Result before Tax

Reporting level Result before Tax

Net equity from financial reporting

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Net equity

Net equity

Net equity

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Reporting level Result before Tax

Cancellations

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

CIT Cancellations

CANCELLATION OF Income tax (current + deferred) in reporting

CANCELLATION of Current Tax items and Uncertain Tax Positions under Reporting GAAP

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Reporting level Result before Tax

Cancellations

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

CIT Cancellations

CANCELLATION OF Income tax (current + deferred) in reporting

CANCELLATION OF Deferred Taxes under Reporting GAAP

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Temporary differences

Intangible assets

Goodwill

N.a.

Standard

Reporting to Separate

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Temporary differences

Intangible assets

Patents / licenses

N.a.

Standard

Reporting to Separate

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Temporary differences

Intangible assets

Capitalized R&D

N.a.

Standard

Reporting to Separate

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Temporary differences

Intangible assets

Upfront & Milestone

N.a.

Standard

Reporting to Separate

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Temporary differences

Intangible assets

Other intangible temp. diff.

N.a.

Standard

Reporting to Separate

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Temporary differences

Tangible assets

Property Plant & equipments

N.a.

Standard

Reporting to Separate

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Temporary differences

Tangible assets

IFRS 16 - lease assets

N.a.

Standard

Reporting to Separate

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Temporary differences

Working capital

Inventory

N.a.

Standard

Reporting to Separate

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Temporary differences

Working capital

Foreign Exchange impact (Provision, Unrealized…)

N.a.

Standard

Reporting to Separate

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Temporary differences

Working capital

Doubtful receivable allowances

N.a.

Standard

Reporting to Separate

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Temporary differences

Reserves Employees

Pension

N.a.

Standard

Reporting to Separate

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Temporary differences

Reserves Employees

LTI / Share based payments

N.a.

Standard

Reporting to Separate

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Temporary differences

Reserves Employees

Restructuring / contingencies

N.a.

Standard

Reporting to Separate

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Temporary differences

Reserves Employees

Other Employee expenses (Bonus, Commission, Vacation...)

N.a.

Standard

Reporting to Separate

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Temporary differences

Other Temporary Differences

Accrual items

N.a.

Standard

Reporting to Separate

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Temporary differences

Other Temporary Differences

Other temporary differences

N.a.

Standard

Reporting to Separate

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Temporary differences

Temporary Financial items

Financial Interest (Thin-cap…) - temp.

N.a.

Standard

Reporting to Separate

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Temporary differences

Temporary Financial items

IFRS 16 - lease financial debts

N.a.

Standard

Reporting to Separate

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Temporary differences

Temporary Financial items

Other Financial assets

N.a.

Standard

Reporting to Separate

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Permanent differences

Reclassification Acounting or Tax

R&D Tax Credit (in COI, to reclass)

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Permanent differences

Intangible and Tangible assets

Non Deductible Goodwill Amortization

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Permanent differences

Employees

LTI / Share based payment - IFRS 2

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Permanent differences

Employees

Cars expenses (limitation of depreciation, tax, fuel…)

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Permanent differences

Employees

Meals and entertainment

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Permanent differences

Non Deductible taxes

Pharmaceutical taxes

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Permanent differences

Non Deductible taxes

Other taxes

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Permanent differences

Other Permanent Differences

Tax incentives (Free Trade Zone, Subsidies…)

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Permanent differences

Other Permanent Differences

Sponsorship expenses

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Permanent differences

Other Permanent Differences

Taxable result at reduced rate (eg. IP Box regime)

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Permanent differences

Other Permanent Differences

Fines_and_penalties

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Permanent differences

Other Permanent Differences

Other permanent differences

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Permanent differences

Other Permanent Differences

Non deductible tax reserves

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Permanent differences

Other Permanent Differences

Permanent Establishment/ Branch result

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Permanent differences

Permanent Financial items

Dividends Received (100%)

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Permanent differences

Permanent Financial items

Taxable portion of Dividends

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Permanent differences

Permanent Financial items

Non deductible financial interests - perm.

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Permanent differences

Permanent Financial items

Impairment of shares

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Permanent differences

Permanent Financial items

Gain or loss on shares disposal

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Permanent differences

Permanent Financial items

Non taxable capital gains on participation shares

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Permanent differences

Permanent Financial items

Flow through entity transfer to parent

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Group GAAP Result before Tax

Separate  GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Permanent differences

Permanent Financial items

Other Financial items

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Income tax (current + deferred) in Group GAAP

Income tax (current + deferred) in Separate GAAP

Income tax (current + deferred) in reporting

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Adjustments on income taxes

Income tax

Income tax

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Income tax (current + deferred) in Group GAAP

Income tax (current + deferred) in Separate GAAP

Adjustments on income taxes

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Adjustments on income taxes

Deferred income tax

Level only deferred tax

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Income tax (current + deferred) in Group GAAP

Income tax (current + deferred) in Separate GAAP

Adjustments on income taxes

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Adjustments on income taxes

Deferred income tax

Reclass of Tax in any (CIR, CVAE, Business Tax…)

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Income tax (current + deferred) in Group GAAP

Income tax (current + deferred) in Separate GAAP

Adjustments on income taxes

N.a.

N.a.

Net equity under Group GAAP

Net equity under Separate GAAP

Adjustments on income taxes

Current income tax

Level Only Uncertain Tax Position

N.a.

Standard

Reporting to Separate

Base

N.a.

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Temporary differences

Intangible assets

Goodwill

N.a.

Standard

Separate to Contribution

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Temporary differences

Intangible assets

Patents / licenses

N.a.

Standard

Separate to Contribution

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Temporary differences

Intangible assets

Capitalized R&D

N.a.

Standard

Separate to Contribution

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Temporary differences

Intangible assets

Upfront & Milestone

N.a.

Standard

Separate to Contribution

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Temporary differences

Intangible assets

Other intangible temp. diff.

N.a.

Standard

Separate to Contribution

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Temporary differences

Tangible assets

Property Plant & equipments

N.a.

Standard

Separate to Contribution

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Temporary differences

Tangible assets

IFRS 16 - lease assets

N.a.

Standard

Separate to Contribution

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Temporary differences

Working capital

Inventory

N.a.

Standard

Separate to Contribution

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Temporary differences

Working capital

Foreign Exchange impact (Provision, Unrealized…)

N.a.

Standard

Separate to Contribution

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Temporary differences

Working capital

Doubtful receivable allowances

N.a.

Standard

Separate to Contribution

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Temporary differences

Reserves Employees

Pension

N.a.

Standard

Separate to Contribution

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Temporary differences

Reserves Employees

LTI / Share based payments

N.a.

Standard

Separate to Contribution

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Temporary differences

Reserves Employees

Restructuring / contingencies

N.a.

Standard

Separate to Contribution

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Temporary differences

Reserves Employees

Other Employee expenses (Bonus, Commission, Vacation...)

N.a.

Standard

Separate to Contribution

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Temporary differences

Other Temporary Differences

Accrual items

N.a.

Standard

Separate to Contribution

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Temporary differences

Other Temporary Differences

Other temporary differences

N.a.

Standard

Separate to Contribution

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Temporary differences

Temporary Financial items

Financial Interest (Thin-cap…) - temp.

N.a.

Standard

Separate to Contribution

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Temporary differences

Temporary Financial items

IFRS 16 - lease financial debts

N.a.

Standard

Separate to Contribution

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Temporary differences

Temporary Financial items

Other Financial assets

N.a.

Standard

Separate to Contribution

Base

x relevant deferred tax rate

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Permanent differences

Reclassification Acounting or Tax

R&D Tax Credit (in COI, to reclass)

N.a.

Standard

Separate to Contribution

Base

N.a.

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Permanent differences

Intangible and Tangible assets

Non Deductible Goodwill Amortization

N.a.

Standard

Separate to Contribution

Base

N.a.

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Permanent differences

Employees

LTI / Share based payment - IFRS 2

N.a.

Standard

Separate to Contribution

Base

N.a.

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Permanent differences

Employees

Cars expenses (limitation of depreciation, tax, fuel…)

N.a.

Standard

Separate to Contribution

Base

N.a.

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Permanent differences

Employees

Meals and entertainment

N.a.

Standard

Separate to Contribution

Base

N.a.

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Permanent differences

Non Deductible taxes

Pharmaceutical taxes

N.a.

Standard

Separate to Contribution

Base

N.a.

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Permanent differences

Non Deductible taxes

Other taxes

N.a.

Standard

Separate to Contribution

Base

N.a.

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Permanent differences

Other Permanent Differences

Tax incentives (Free Trade Zone, Subsidies…)

N.a.

Standard

Separate to Contribution

Base

N.a.

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Permanent differences

Other Permanent Differences

Sponsorship expenses

N.a.

Standard

Separate to Contribution

Base

N.a.

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Permanent differences

Other Permanent Differences

Taxable result at reduced rate (eg. IP Box regime)

N.a.

Standard

Separate to Contribution

Base

N.a.

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Permanent differences

Other Permanent Differences

Fines_and_penalties

N.a.

Standard

Separate to Contribution

Base

N.a.

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Permanent differences

Other Permanent Differences

Other permanent differences

N.a.

Standard

Separate to Contribution

Base

N.a.

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Permanent differences

Other Permanent Differences

Non deductible tax reserves

N.a.

Standard

Separate to Contribution

Base

N.a.

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Permanent differences

Other Permanent Differences

Permanent Establishment/ Branch result

N.a.

Standard

Separate to Contribution

Base

N.a.

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Permanent differences

Permanent Financial items

Dividends Received (100%)

N.a.

Standard

Separate to Contribution

Base

N.a.

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Permanent differences

Permanent Financial items

Taxable portion of Dividends

N.a.

Standard

Separate to Contribution

Base

N.a.

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Permanent differences

Permanent Financial items

Non deductible financial interests - perm.

N.a.

Standard

Separate to Contribution

Base

N.a.

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Permanent differences

Permanent Financial items

Impairment of shares

N.a.

Standard

Separate to Contribution

Base

N.a.

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Permanent differences

Permanent Financial items

Gain or loss on shares disposal

N.a.

Standard

Separate to Contribution

Base

N.a.

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Permanent differences

Permanent Financial items

Non taxable capital gains on participation shares

N.a.

Standard

Separate to Contribution

Base

N.a.

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Permanent differences

Permanent Financial items

Flow through entity transfer to parent

N.a.

Standard

Separate to Contribution

Base

N.a.

Negative

Group GAAP Result before Tax

Temporary & permanent adjustments

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Permanent differences

Permanent Financial items

Other Financial items

N.a.

Standard

Separate to Contribution

Base

N.a.

Negative

Income tax (current + deferred) in Group GAAP

Adjustments on income taxes

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Adjustments on income taxes

Deferred income tax

Level only deferred tax

N.a.

Standard

Separate to Contribution

Base

N.a.

Negative

Income tax (current + deferred) in Group GAAP

Adjustments on income taxes

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Adjustments on income taxes

Deferred income tax

Reclass of Tax in any (CIR, CVAE, Business Tax…)

N.a.

Standard

Separate to Contribution

Base

N.a.

Negative

Income tax (current + deferred) in Group GAAP

Adjustments on income taxes

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Adjustments on income taxes

Current income tax

Level Only Uncertain Tax Position

N.a.

Standard

Separate to Contribution

Base

N.a.

Negative

Income tax (current + deferred) in Group GAAP

Adjustments on income taxes

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Adjustments on income taxes

Deferred income tax

Cancellation of Reporting Deferred Tax

N.a.

Standard

Separate to Contribution

Base

N.a.

Negative

Income tax (current + deferred) in Group GAAP

Adjustments on income taxes

N.a.

N.a.

N.a.

Net equity under Group GAAP

N.a.

Adjustments on income taxes

Current income tax

Cancellation of Uncertain Tax Position in Reporting

N.a.

Standard

Separate to Contribution

Base

N.a.

Negative

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Reporting Result before Tax

Net equity from financial reporting

Net equity under Local GAAP

N.a.

Net equity

Net equity

Net equity

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Reporting Result before Tax

Cancellations

Net equity under Local GAAP

N.a.

CIT Cancellations

CANCELLATION OF Income tax (current + deferred) in reporting

CANCELLATION of Current Tax items and Uncertain Tax Positions under Reporting GAAP

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Reporting Result before Tax

Cancellations

Net equity under Local GAAP

N.a.

CIT Cancellations

CANCELLATION OF Income tax (current + deferred) in reporting

CANCELLATION OF Deferred Taxes under Reporting GAAP

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Temporary differences

Intangible assets

Goodwill

N.a.

Standard

Reporting to Local

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Temporary differences

Intangible assets

Patents / licenses

N.a.

Standard

Reporting to Local

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Temporary differences

Intangible assets

Capitalized R&D

N.a.

Standard

Reporting to Local

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Temporary differences

Intangible assets

Upfront & Milestone

N.a.

Standard

Reporting to Local

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Temporary differences

Intangible assets

Other intangible temp. diff.

N.a.

Standard

Reporting to Local

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Temporary differences

Tangible assets

Property Plant & equipments

N.a.

Standard

Reporting to Local

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Temporary differences

Tangible assets

IFRS 16 - lease assets

N.a.

Standard

Reporting to Local

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Temporary differences

Working capital

Inventory

N.a.

Standard

Reporting to Local

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Temporary differences

Working capital

Foreign Exchange impact (Provision, Unrealized…)

N.a.

Standard

Reporting to Local

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Temporary differences

Working capital

Doubtful receivable allowances

N.a.

Standard

Reporting to Local

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Temporary differences

Reserves Employees

Pension

N.a.

Standard

Reporting to Local

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Temporary differences

Reserves Employees

LTI / Share based payments

N.a.

Standard

Reporting to Local

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Temporary differences

Reserves Employees

Restructuring / contingencies

N.a.

Standard

Reporting to Local

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Temporary differences

Reserves Employees

Other Employee expenses (Bonus, Commission, Vacation...)

N.a.

Standard

Reporting to Local

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Temporary differences

Other Temporary Differences

Accrual items

N.a.

Standard

Reporting to Local

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Temporary differences

Other Temporary Differences

Other temporary differences

N.a.

Standard

Reporting to Local

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Temporary differences

Temporary Financial items

Financial Interest (Thin-cap…) - temp.

N.a.

Standard

Reporting to Local

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Temporary differences

Temporary Financial items

IFRS 16 - lease financial debts

N.a.

Standard

Reporting to Local

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Temporary differences

Temporary Financial items

Other Financial assets

N.a.

Standard

Reporting to Local

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Permanent differences

Reclassification Acounting or Tax

R&D Tax Credit (in COI, to reclass)

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Permanent differences

Intangible and Tangible assets

Non Deductible Goodwill Amortization

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Permanent differences

Employees

LTI / Share based payment - IFRS 2

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Permanent differences

Employees

Cars expenses (limitation of depreciation, tax, fuel…)

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Permanent differences

Employees

Meals and entertainment

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Permanent differences

Non Deductible taxes

Pharmaceutical taxes

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Permanent differences

Non Deductible taxes

Other taxes

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Permanent differences

Other Permanent Differences

Tax incentives (Free Trade Zone, Subsidies…)

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Permanent differences

Other Permanent Differences

Sponsorship expenses

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Permanent differences

Other Permanent Differences

Taxable result at reduced rate (eg. IP Box regime)

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Permanent differences

Other Permanent Differences

Fines_and_penalties

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Permanent differences

Other Permanent Differences

Other permanent differences

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Permanent differences

Other Permanent Differences

Non deductible tax reserves

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Permanent differences

Other Permanent Differences

Permanent Establishment/ Branch result

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Permanent differences

Permanent Financial items

Dividends Received (100%)

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Permanent differences

Permanent Financial items

Taxable portion of Dividends

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Permanent differences

Permanent Financial items

Non deductible financial interests - perm.

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Permanent differences

Permanent Financial items

Impairment of shares

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Permanent differences

Permanent Financial items

Gain or loss on shares disposal

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Permanent differences

Permanent Financial items

Non taxable capital gains on participation shares

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Permanent differences

Permanent Financial items

Flow through entity transfer to parent

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Local GAAP Result before Tax

Temporary & permanent adjustments

N.a.

Net equity under Local GAAP

N.a.

Permanent differences

Permanent Financial items

Other Financial items

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Income tax (current + deferred) in Local GAAP

Income tax (current + deferred) in Local GAAP

Income tax (current + deferred) in Local GAAP

Income tax (current + deferred) in reporting

N.a.

Net equity under Local GAAP

N.a.

Adjustments on income taxes

Income tax

Income tax

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Income tax (current + deferred) in Local GAAP

Income tax (current + deferred) in Local GAAP

Income tax (current + deferred) in Local GAAP

Adjustments on income taxes

N.a.

Net equity under Local GAAP

N.a.

Adjustments on income taxes

Deferred income tax

Level only deferred tax

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Income tax (current + deferred) in Local GAAP

Income tax (current + deferred) in Local GAAP

Income tax (current + deferred) in Local GAAP

Adjustments on income taxes

N.a.

Net equity under Local GAAP

N.a.

Adjustments on income taxes

Deferred income tax

Reclass of Tax in any (CIR, CVAE, Business Tax…)

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Income tax (current + deferred) in Local GAAP

Income tax (current + deferred) in Local GAAP

Income tax (current + deferred) in Local GAAP

Adjustments on income taxes

N.a.

Net equity under Local GAAP

N.a.

Adjustments on income taxes

Current income tax

Level Only Uncertain Tax Position

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Income tax (current + deferred) in Local GAAP

Income tax (current + deferred) in Local GAAP

Income tax (current + deferred) in Local GAAP

Adjustments on income taxes

N.a.

Net equity under Local GAAP

N.a.

Adjustments on income taxes

Deferred income tax

Cancellation of Reporting Deferred Tax

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Income tax (current + deferred) in Local GAAP

Income tax (current + deferred) in Local GAAP

Income tax (current + deferred) in Local GAAP

Adjustments on income taxes

N.a.

Net equity under Local GAAP

N.a.

Adjustments on income taxes

Current income tax

Cancellation of Uncertain Tax Position in Reporting

N.a.

Standard

Reporting to Local

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Intangible assets

Goodwill

N.a.

Standard

Local to Tax - Standard rate

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Intangible assets

Patents / licenses

N.a.

Standard

Local to Tax - Standard rate

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Intangible assets

Capitalized R&D

N.a.

Standard

Local to Tax - Standard rate

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Intangible assets

Upfront & Milestone

N.a.

Standard

Local to Tax - Standard rate

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Intangible assets

Other intangible temp. diff.

N.a.

Standard

Local to Tax - Standard rate

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Tangible assets

Property Plant & equipments

N.a.

Standard

Local to Tax - Standard rate

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Tangible assets

IFRS 16 - lease assets

N.a.

Standard

Local to Tax - Standard rate

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Working capital

Inventory

N.a.

Standard

Local to Tax - Standard rate

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Working capital

Foreign Exchange impact (Provision, Unrealized…)

N.a.

Standard

Local to Tax - Standard rate

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Working capital

Doubtful receivable allowances

N.a.

Standard

Local to Tax - Standard rate

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Reserves Employees

Pension

N.a.

Standard

Local to Tax - Standard rate

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Reserves Employees

LTI / Share based payments

N.a.

Standard

Local to Tax - Standard rate

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Reserves Employees

Restructuring / contingencies

N.a.

Standard

Local to Tax - Standard rate

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Reserves Employees

Other Employee expenses (Bonus, Commission, Vacation...)

N.a.

Standard

Local to Tax - Standard rate

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Other Temporary Differences

Accrual items

N.a.

Standard

Local to Tax - Standard rate

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Other Temporary Differences

Other temporary differences

N.a.

Standard

Local to Tax - Standard rate

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Temporary Financial items

Financial Interest (Thin-cap…) - temp.

N.a.

Standard

Local to Tax - Standard rate

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Temporary Financial items

IFRS 16 - lease financial debts

N.a.

Standard

Local to Tax - Standard rate

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Temporary Financial items

Other Financial assets

N.a.

Standard

Local to Tax - Standard rate

Base

x relevant deferred tax rate

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Reclassification Acounting or Tax

R&D Tax Credit (in COI, to reclass)

N.a.

Standard

Local to Tax - Standard rate

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Intangible and Tangible assets

Non Deductible Goodwill Amortization

N.a.

Standard

Local to Tax - Standard rate

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Employees

LTI / Share based payment - IFRS 2

N.a.

Standard

Local to Tax - Standard rate

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Employees

Cars expenses (limitation of depreciation, tax, fuel…)

N.a.

Standard

Local to Tax - Standard rate

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Employees

Meals and entertainment

N.a.

Standard

Local to Tax - Standard rate

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Non Deductible taxes

Pharmaceutical taxes

N.a.

Standard

Local to Tax - Standard rate

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Non Deductible taxes

Other taxes

N.a.

Standard

Local to Tax - Standard rate

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Other Permanent Differences

Tax incentives (Free Trade Zone, Subsidies…)

N.a.

Standard

Local to Tax - Standard rate

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Other Permanent Differences

Sponsorship expenses

N.a.

Standard

Local to Tax - Standard rate

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Other Permanent Differences

Taxable result at reduced rate (eg. IP Box regime)

N.a.

Standard

Local to Tax - Standard rate

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Other Permanent Differences

Fines_and_penalties

N.a.

Standard

Local to Tax - Standard rate

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Other Permanent Differences

Other permanent differences

N.a.

Standard

Local to Tax - Standard rate

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Other Permanent Differences

Non deductible tax reserves

N.a.

Standard

Local to Tax - Standard rate

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Other Permanent Differences

Permanent Establishment/ Branch result

N.a.

Standard

Local to Tax - Standard rate

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Permanent Financial items

Dividends Received (100%)

N.a.

Standard

Local to Tax - Standard rate

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Permanent Financial items

Taxable portion of Dividends

N.a.

Standard

Local to Tax - Standard rate

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Permanent Financial items

Non deductible financial interests - perm.

N.a.

Standard

Local to Tax - Standard rate

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Permanent Financial items

Impairment of shares

N.a.

Standard

Local to Tax - Standard rate

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Permanent Financial items

Gain or loss on shares disposal

N.a.

Standard

Local to Tax - Standard rate

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Permanent Financial items

Non taxable capital gains on participation shares

N.a.

Standard

Local to Tax - Standard rate

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Permanent Financial items

Flow through entity transfer to parent

N.a.

Standard

Local to Tax - Standard rate

Base

N.a.

Positive

Net Taxable income

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Permanent Financial items

Other Financial items

N.a.

Standard

Local to Tax - Standard rate

Base

N.a.

Positive

Net Taxable income

Income transferred to/from the tax Group

Income transferred to/from the tax Group

N.a.

N.a.

N.a.

N.a.

Other adjustment

Other adjustment

Income transferred to/from the tax Group

N.a.

Standard

Local to Tax - Standard rate

Base

N.a.

Positive

Net Taxable income

Change in tax losses

Change in tax losses

N.a.

N.a.

N.a.

N.a.

Other adjustment

Other adjustment

Change in tax losses

N.a.

Standard

Local to Tax - Standard rate

Base

N.a.

Positive

Net Taxable income

Tax losses to carry-forward

Tax losses to carry-forward

Tax losses to carry-forward

Ordinary tax losses

N.a.

N.a.

Tax losses and Tax credits

Tax losses to carry-forward

Ordinary tax losses

Expiring in Y

Standard

Tax losses and Tax credits

Base

x current tax rate

Positive

Net Taxable income

Tax losses to carry-forward

Tax losses to carry-forward

Tax losses to carry-forward

Ordinary tax losses

N.a.

N.a.

Tax losses and Tax credits

Tax losses to carry-forward

Ordinary tax losses

Expiring in Y+1

Standard

Tax losses and Tax credits

Base

x current tax rate

Positive

Net Taxable income

Tax losses to carry-forward

Tax losses to carry-forward

Tax losses to carry-forward

Ordinary tax losses

N.a.

N.a.

Tax losses and Tax credits

Tax losses to carry-forward

Ordinary tax losses

Expiring in Y+2

Standard

Tax losses and Tax credits

Base

x current tax rate

Positive

Net Taxable income

Tax losses to carry-forward

Tax losses to carry-forward

Tax losses to carry-forward

Ordinary tax losses

N.a.

N.a.

Tax losses and Tax credits

Tax losses to carry-forward

Ordinary tax losses

Expiring in Y+3

Standard

Tax losses and Tax credits

Base

x current tax rate

Positive

Net Taxable income

Tax losses to carry-forward

Tax losses to carry-forward

Tax losses to carry-forward

Ordinary tax losses

N.a.

N.a.

Tax losses and Tax credits

Tax losses to carry-forward

Ordinary tax losses

Expiring in Y+4

Standard

Tax losses and Tax credits

Base

x current tax rate

Positive

Net Taxable income

Tax losses to carry-forward

Tax losses to carry-forward

Tax losses to carry-forward

Ordinary tax losses

N.a.

N.a.

Tax losses and Tax credits

Tax losses to carry-forward

Ordinary tax losses

Expiring in Y+5

Standard

Tax losses and Tax credits

Base

x current tax rate

Positive

Net Taxable income

Tax losses to carry-forward

Tax losses to carry-forward

Tax losses to carry-forward

Ordinary tax losses

N.a.

N.a.

Tax losses and Tax credits

Tax losses to carry-forward

Ordinary tax losses

Expiring in over Y+ 5

Standard

Tax losses and Tax credits

Base

x current tax rate

Positive

Net Taxable income

Tax losses to carry-forward

Tax losses to carry-forward

Tax losses to carry-forward

Ordinary tax losses

N.a.

N.a.

Tax losses and Tax credits

Tax losses to carry-forward

Ordinary tax losses

Unlimited

Standard

Tax losses and Tax credits

Base

x current tax rate

Positive

Net Taxable income

Tax losses to carry-forward

Tax losses to carry-forward

Tax losses to carry-forward

Of which losses having expired unused

N.a.

N.a.

Tax losses and Tax credits

Tax losses to carry-forward

Of which losses having expired unused

Expired

Standard

Tax losses and Tax credits

Base

N.a.

Positive

Net Taxable income

Tax losses to carry-forward

Tax losses to carry-forward

Tax losses to carry-forward

Of which losses generated previous tax group

N.a.

N.a.

Tax losses and Tax credits

Tax losses to carry-forward

Of which losses generated previous tax group

N.a.

Standard

Tax losses and Tax credits

Base

N.a.

Positive

Net Taxable income

Tax losses to carry-forward

Tax losses to carry-forward

Tax losses to carry-forward

Unrecognition of DTA

N.a.

N.a.

Unrecognized DTA

Unrecognition of DTA on Tax losses and Tax credits

Unrecognition of DTA on Ordinary Tax losses

N.a.

Standard

Tax losses and Tax credits

Base

N.a.

Positive

Net Taxable income - Other rate

Tax losses to carry-forward

Tax losses to carry-forward

Tax losses to carry-forward

Other tax losses

N.a.

N.a.

Tax losses and Tax credits

Tax losses to carry-forward

Other tax losses

Expiring in Y

Other rate

Tax losses and Tax credits

Base

x current tax rate

Positive

Net Taxable income - Other rate

Tax losses to carry-forward

Tax losses to carry-forward

Tax losses to carry-forward

Other tax losses

N.a.

N.a.

Tax losses and Tax credits

Tax losses to carry-forward

Other tax losses

Expiring in Y+1

Other rate

Tax losses and Tax credits

Base

x current tax rate

Positive

Net Taxable income - Other rate

Tax losses to carry-forward

Tax losses to carry-forward

Tax losses to carry-forward

Other tax losses

N.a.

N.a.

Tax losses and Tax credits

Tax losses to carry-forward

Other tax losses

Expiring in Y+2

Other rate

Tax losses and Tax credits

Base

x current tax rate

Positive

Net Taxable income - Other rate

Tax losses to carry-forward

Tax losses to carry-forward

Tax losses to carry-forward

Other tax losses

N.a.

N.a.

Tax losses and Tax credits

Tax losses to carry-forward

Other tax losses

Expiring in Y+3

Other rate

Tax losses and Tax credits

Base

x current tax rate

Positive

Net Taxable income - Other rate

Tax losses to carry-forward

Tax losses to carry-forward

Tax losses to carry-forward

Other tax losses

N.a.

N.a.

Tax losses and Tax credits

Tax losses to carry-forward

Other tax losses

Expiring in Y+4

Other rate

Tax losses and Tax credits

Base

x current tax rate

Positive

Net Taxable income - Other rate

Tax losses to carry-forward

Tax losses to carry-forward

Tax losses to carry-forward

Other tax losses

N.a.

N.a.

Tax losses and Tax credits

Tax losses to carry-forward

Other tax losses

Expiring in Y+5

Other rate

Tax losses and Tax credits

Base

x current tax rate

Positive

Net Taxable income - Other rate

Tax losses to carry-forward

Tax losses to carry-forward

Tax losses to carry-forward

Other tax losses

N.a.

N.a.

Tax losses and Tax credits

Tax losses to carry-forward

Other tax losses

Expiring in over Y+ 5

Other rate

Tax losses and Tax credits

Base

x current tax rate

Positive

Net Taxable income - Other rate

Tax losses to carry-forward

Tax losses to carry-forward

Tax losses to carry-forward

Other tax losses

N.a.

N.a.

Tax losses and Tax credits

Tax losses to carry-forward

Other tax losses

Unlimited

Other rate

Tax losses and Tax credits

Base

x current tax rate

Positive

Net Taxable income - Other rate

Tax losses to carry-forward

Tax losses to carry-forward

Tax losses to carry-forward

Of which losses having expired unused

N.a.

N.a.

Tax losses and Tax credits

Tax losses to carry-forward

Of which losses having expired unused

Expired

Other rate

Tax losses and Tax credits

Base

N.a.

Positive

Net Taxable income - Other rate

Tax losses to carry-forward

Tax losses to carry-forward

Tax losses to carry-forward

Of which losses generated previous tax group

N.a.

N.a.

Tax losses and Tax credits

Tax losses to carry-forward

Of which losses generated previous tax group

N.a.

Other rate

Tax losses and Tax credits

Base

N.a.

Positive

Net Taxable income - Other rate

Tax losses to carry-forward

Tax losses to carry-forward

Tax losses to carry-forward

Unrecognition of DTA

N.a.

N.a.

Unrecognized DTA

Unrecognition of DTA on Tax losses and Tax credits

Unrecognition of DTA on Other Tax losses

N.a.

Other rate

Tax losses and Tax credits

Base

N.a.

Positive

Tax credits

Tax credits

Tax credits

Tax credits

Deferred Tax on Tax credits

N.a.

N.a.

Tax losses and Tax credits

Tax credits

Deferred Tax on Tax credits

Expiring in Y

Standard

Tax losses and Tax credits

Tax

N.a.

Positive

Tax credits

Tax credits

Tax credits

Tax credits

Deferred Tax on Tax credits

N.a.

N.a.

Tax losses and Tax credits

Tax credits

Deferred Tax on Tax credits

Expiring in Y+1

Standard

Tax losses and Tax credits

Tax

N.a.

Positive

Tax credits

Tax credits

Tax credits

Tax credits

Deferred Tax on Tax credits

N.a.

N.a.

Tax losses and Tax credits

Tax credits

Deferred Tax on Tax credits

Expiring in Y+2

Standard

Tax losses and Tax credits

Tax

N.a.

Positive

Tax credits

Tax credits

Tax credits

Tax credits

Deferred Tax on Tax credits

N.a.

N.a.

Tax losses and Tax credits

Tax credits

Deferred Tax on Tax credits

Expiring in Y+3

Standard

Tax losses and Tax credits

Tax

N.a.

Positive

Tax credits

Tax credits

Tax credits

Tax credits

Deferred Tax on Tax credits

N.a.

N.a.

Tax losses and Tax credits

Tax credits

Deferred Tax on Tax credits

Expiring in Y+4

Standard

Tax losses and Tax credits

Tax

N.a.

Positive

Tax credits

Tax credits

Tax credits

Tax credits

Deferred Tax on Tax credits

N.a.

N.a.

Tax losses and Tax credits

Tax credits

Deferred Tax on Tax credits

Expiring in Y+5

Standard

Tax losses and Tax credits

Tax

N.a.

Positive

Tax credits

Tax credits

Tax credits

Tax credits

Deferred Tax on Tax credits

N.a.

N.a.

Tax losses and Tax credits

Tax credits

Deferred Tax on Tax credits

Expiring in over Y+ 5

Standard

Tax losses and Tax credits

Tax

N.a.

Positive

Tax credits

Tax credits

Tax credits

Tax credits

Deferred Tax on Tax credits

N.a.

N.a.

Tax losses and Tax credits

Tax credits

Deferred Tax on Tax credits

Unlimited

Standard

Tax losses and Tax credits

Tax

N.a.

Positive

Tax credits

Tax credits

Tax credits

Tax credits

Unrecognition of DTA

N.a.

N.a.

Unrecognized DTA

Unrecognition of DTA on Tax losses and Tax credits

Unrecognition of DTA on Tax credits

N.a.

Standard

Tax losses and Tax credits

Tax

N.a.

Positive

Net Taxable income - Other rate

Gross Taxable income

Local GAAP Result before Tax

Income before tax - Separate basket

N.a.

N.a.

N.a.

Net equity

Net equity

Net equity

N.a.

Other rate

Local to Tax - Other rate

Base

N.a.

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Intangible assets

Goodwill

N.a.

Other rate

Local to Tax - Other rate

Base

x relevant deferred tax rate

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Intangible assets

Patents / licenses

N.a.

Other rate

Local to Tax - Other rate

Base

x relevant deferred tax rate

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Intangible assets

Capitalized R&D

N.a.

Other rate

Local to Tax - Other rate

Base

x relevant deferred tax rate

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Intangible assets

Upfront & Milestone

N.a.

Other rate

Local to Tax - Other rate

Base

x relevant deferred tax rate

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Intangible assets

Other intangible temp. diff.

N.a.

Other rate

Local to Tax - Other rate

Base

x relevant deferred tax rate

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Tangible assets

Property Plant & equipments

N.a.

Other rate

Local to Tax - Other rate

Base

x relevant deferred tax rate

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Tangible assets

IFRS 16 - lease assets

N.a.

Other rate

Local to Tax - Other rate

Base

x relevant deferred tax rate

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Working capital

Inventory

N.a.

Other rate

Local to Tax - Other rate

Base

x relevant deferred tax rate

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Working capital

Foreign Exchange impact (Provision, Unrealized…)

N.a.

Other rate

Local to Tax - Other rate

Base

x relevant deferred tax rate

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Working capital

Doubtful receivable allowances

N.a.

Other rate

Local to Tax - Other rate

Base

x relevant deferred tax rate

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Reserves Employees

Pension

N.a.

Other rate

Local to Tax - Other rate

Base

x relevant deferred tax rate

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Reserves Employees

LTI / Share based payments

N.a.

Other rate

Local to Tax - Other rate

Base

x relevant deferred tax rate

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Reserves Employees

Restructuring / contingencies

N.a.

Other rate

Local to Tax - Other rate

Base

x relevant deferred tax rate

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Reserves Employees

Other Employee expenses (Bonus, Commission, Vacation...)

N.a.

Other rate

Local to Tax - Other rate

Base

x relevant deferred tax rate

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Other Temporary Differences

Accrual items

N.a.

Other rate

Local to Tax - Other rate

Base

x relevant deferred tax rate

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Other Temporary Differences

Other temporary differences

N.a.

Other rate

Local to Tax - Other rate

Base

x relevant deferred tax rate

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Temporary Financial items

Financial Interest (Thin-cap…) - temp.

N.a.

Other rate

Local to Tax - Other rate

Base

x relevant deferred tax rate

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Temporary Financial items

IFRS 16 - lease financial debts

N.a.

Other rate

Local to Tax - Other rate

Base

x relevant deferred tax rate

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Temporary differences

Temporary Financial items

Other Financial assets

N.a.

Other rate

Local to Tax - Other rate

Base

x relevant deferred tax rate

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Reclassification Acounting or Tax

R&D Tax Credit (in COI, to reclass)

N.a.

Other rate

Local to Tax - Other rate

Base

N.a.

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Intangible and Tangible assets

Non Deductible Goodwill Amortization

N.a.

Other rate

Local to Tax - Other rate

Base

N.a.

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Employees

LTI / Share based payment - IFRS 2

N.a.

Other rate

Local to Tax - Other rate

Base

N.a.

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Employees

Cars expenses (limitation of depreciation, tax, fuel…)

N.a.

Other rate

Local to Tax - Other rate

Base

N.a.

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Employees

Meals and entertainment

N.a.

Other rate

Local to Tax - Other rate

Base

N.a.

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Non Deductible taxes

Pharmaceutical taxes

N.a.

Other rate

Local to Tax - Other rate

Base

N.a.

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Non Deductible taxes

Other taxes

N.a.

Other rate

Local to Tax - Other rate

Base

N.a.

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Other Permanent Differences

Tax incentives (Free Trade Zone, Subsidies…)

N.a.

Other rate

Local to Tax - Other rate

Base

N.a.

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Other Permanent Differences

Sponsorship expenses

N.a.

Other rate

Local to Tax - Other rate

Base

N.a.

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Other Permanent Differences

Taxable result at reduced rate (eg. IP Box regime)

N.a.

Other rate

Local to Tax - Other rate

Base

N.a.

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Other Permanent Differences

Fines_and_penalties

N.a.

Other rate

Local to Tax - Other rate

Base

N.a.

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Other Permanent Differences

Other permanent differences

N.a.

Other rate

Local to Tax - Other rate

Base

N.a.

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Other Permanent Differences

Non deductible tax reserves

N.a.

Other rate

Local to Tax - Other rate

Base

N.a.

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Other Permanent Differences

Permanent Establishment/ Branch result

N.a.

Other rate

Local to Tax - Other rate

Base

N.a.

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Permanent Financial items

Dividends Received (100%)

N.a.

Other rate

Local to Tax - Other rate

Base

N.a.

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Permanent Financial items

Taxable portion of Dividends

N.a.

Other rate

Local to Tax - Other rate

Base

N.a.

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Permanent Financial items

Non deductible financial interests - perm.

N.a.

Other rate

Local to Tax - Other rate

Base

N.a.

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Permanent Financial items

Impairment of shares

N.a.

Other rate

Local to Tax - Other rate

Base

N.a.

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Permanent Financial items

Gain or loss on shares disposal

N.a.

Other rate

Local to Tax - Other rate

Base

N.a.

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Permanent Financial items

Non taxable capital gains on participation shares

N.a.

Other rate

Local to Tax - Other rate

Base

N.a.

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Permanent Financial items

Flow through entity transfer to parent

N.a.

Other rate

Local to Tax - Other rate

Base

N.a.

Positive

Net Taxable income - Other rate

Gross Taxable income

Temporary & permanent adjustments

N.a.

N.a.

N.a.

N.a.

Permanent differences

Permanent Financial items

Other Financial items

N.a.

Other rate

Local to Tax - Other rate

Base

N.a.

Positive

Net Taxable income - Other rate

Income transferred to/from the tax Group

Income transferred to/from the tax Group

N.a.

N.a.

N.a.

N.a.

Other adjustment

Other adjustment

Income transferred to/from the tax Group

N.a.

Other rate

Local to Tax - Other rate

Base

N.a.

Positive

Net Taxable income - Other rate

Change in tax losses

Change in tax losses

N.a.

N.a.

N.a.

N.a.

Other adjustment

Other adjustment

Change in tax losses

N.a.

Other rate

Local to Tax - Other rate

Base

N.a.

Positive

Direct Deferred Tax Adjustments

Uncertain Tax Position Deferred Tax Adjustments

UTP2 - DT on UTP Separate Level

N.a.

N.a.

N.a.

N.a.

Direct Deferred Tax Adjustments

Uncertain Tax Position Deferred Tax Adjustments

UTP2 - DT on UTP Separate Level

N.a.

Standard

Reporting to Separate

Tax

N.a.

Negative

Direct Deferred Tax Adjustments

Uncertain Tax Position Deferred Tax Adjustments

UTP1 - DT on UTP Contribution Level

N.a.

N.a.

N.a.

N.a.

Direct Deferred Tax Adjustments

Uncertain Tax Position Deferred Tax Adjustments

UTP1 - DT on UTP Contribution Level

N.a.

Standard

Separate to Contribution

Tax

N.a.

Negative

Direct Deferred Tax Adjustments

Uncertain Tax Position Deferred Tax Adjustments

UTP3 - DT on UTP DT Reporting level

N.a.

N.a.

N.a.

N.a.

Direct Deferred Tax Adjustments

Uncertain Tax Position Deferred Tax Adjustments

UTP3 - DT on UTP DT Reporting Level

N.a.

Standard

Reporting to Local

Tax

N.a.

Positive

Direct Deferred Tax Adjustments

Other deferred tax adjustments

ODT2 - Other DT Separate Level

N.a.

N.a.

N.a.

N.a.

Direct Deferred Tax Adjustments

Other deferred tax adjustments

ODT2 - Other DT Separate Level

N.a.

Standard

Reporting to Separate

Tax

N.a.

Positive

Direct Deferred Tax Adjustments

Other deferred tax adjustments

ODT1 - Other DT Contribution Level

N.a.

N.a.

N.a.

N.a.

Direct Deferred Tax Adjustments

Other deferred tax adjustments

ODT1 - Other DT Contribution Level

N.a.

Standard

Separate to Contribution

Tax

N.a.

Positive

Direct Deferred Tax Adjustments

Other deferred tax adjustments

ODT3 - Other DT Reporting level

N.a.

N.a.

N.a.

N.a.

Direct Deferred Tax Adjustments

Other deferred tax adjustments

ODT3 - Other DT Reporting Level

N.a.

Standard

Reporting to Local

Tax

N.a.

Positive

Direct Deferred Tax Adjustments

Other deferred tax adjustments

ODT4 - Other DT Local level

N.a.

N.a.

N.a.

N.a.

Direct Deferred Tax Adjustments

Other deferred tax adjustments

ODT4 - Other DT Local Level

N.a.

Standard

Local to Tax - Standard rate

Tax

N.a.

Positive

Direct Deferred Tax Adjustments

Other deferred tax adjustments

ODT5 - Other DT Local level Other rate

N.a.

N.a.

N.a.

N.a.

Direct Deferred Tax Adjustments

Other deferred tax adjustments

ODT5 - Other DT Local Level Other rate

N.a.

Standard

Local to Tax - Other rate

Tax

N.a.

Positive

Unrecognized DTA

Unrecognized DTA in package

IDAT2 - Depreciation of DTA Separate Level

N.a.

N.a.

N.a.

N.a.

Unrecognized DTA

Unrecognized DTA in package

IDAT2 - Depreciation of DTA Separate Level

N.a.

Standard

Reporting to Separate

Tax

N.a.

Positive

Unrecognized DTA

Unrecognized DTA in package

IDAT1 - Depreciation of DTA Contribution Level

N.a.

N.a.

N.a.

N.a.

Unrecognized DTA

Unrecognized DTA in package

IDAT1 - Depreciation of DTA Contribution Level

N.a.

Standard

Separate to Contribution

Tax

N.a.

Positive

Unrecognized DTA

Unrecognized DTA in package

IDAT3 - Depreciation of DTA Reporting level

N.a.

N.a.

N.a.

N.a.

Unrecognized DTA

Unrecognized DTA in package

IDAT3 - Depreciation of DTA Reporting Level

N.a.

Standard

Reporting to Local

Tax

N.a.

Positive

Unrecognized DTA

Unrecognized DTA in package

IDAT4 - Depreciation of DTA Local level

N.a.

N.a.

N.a.

N.a.

Unrecognized DTA

Unrecognized DTA in package

IDAT4 - Depreciation of DTA Local Level

N.a.

Standard

Local to Tax - Standard rate

Tax

N.a.

Positive

Unrecognized DTA

Unrecognized DTA in package

IDAT5 - Depreciation of DTA Local level Other rate

N.a.

N.a.

N.a.

N.a.

Unrecognized DTA

Unrecognized DTA in package

IDAT5 - Depreciation of DTA Local Level Other rate

N.a.

Standard

Local to Tax - Other rate

Tax

N.a.

Positive

Unrecognized DTA

Unrecognized DTA on NOLS

IDANOLS2 - Depreciation of NOLS Separate Level

N.a.

N.a.

N.a.

N.a.

Unrecognized DTA

Unrecognized DTA on NOLS

IDANOLS2 - Depreciation of NOLS Separate Level

N.a.

Standard

Reporting to Separate

Tax

N.a.

Positive

Unrecognized DTA

Unrecognized DTA on NOLS

IDANOLS1 - Depreciation of NOLS Contribution Level

N.a.

N.a.

N.a.

N.a.

Unrecognized DTA

Unrecognized DTA on NOLS

IDANOLS1 - Depreciation of NOLS Contribution Level

N.a.

Standard

Separate to Contribution

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Other rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Effect of tax group Income Tax

N.a.

Other rate

Local to Tax - Other Rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Other rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Effect of tax group Tax Credit

N.a.

Other rate

Local to Tax - Other Rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Other rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Permanent Establishment/ Branch taxation

N.a.

Other rate

Local to Tax - Other Rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Other rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Prior year Adjustments

N.a.

Other rate

Local to Tax - Other Rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Other rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Other Current Tax items

N.a.

Other rate

Local to Tax - Other Rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Other rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Tax computation adjustments

N.a.

Other rate

Local to Tax - Other Rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Other rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Tax credits

N.a.

Other rate

Local to Tax - Other Rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Other rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Variation of reserves for Tax_contingencies (UTP)

N.a.

Other rate

Local to Tax - Other Rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Other rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Tax reassessment

N.a.

Other rate

Local to Tax - Other Rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Other rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Withholding taxes on royalties

N.a.

Other rate

Local to Tax - Other Rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Other rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Withholding taxes on interest

N.a.

Other rate

Local to Tax - Other Rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Other rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Withholding taxes on received dividends

N.a.

Other rate

Local to Tax - Other Rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Other rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Withholding taxes - Other

N.a.

Other rate

Local to Tax - Other Rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Other rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Adjustment of current income tax from discontinued activities

N.a.

Other rate

Local to Tax - Other Rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Other rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Domestic Top up Tax (Pillar II)

N.a.

Other rate

Local to Tax - Other Rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Other rate

Current Tax charge before Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Computed Current CIT

Computed Current CIT

Computed Current CIT

N.a.

Other rate

Local to Tax - Other Rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Standard rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Effect of tax group Income Tax

N.a.

Standard

Local to Tax - Standard rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Standard rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Effect of tax group Tax Credit

N.a.

Standard

Local to Tax - Standard rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Standard rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Permanent Establishment/ Branch taxation

N.a.

Standard

Local to Tax - Standard rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Standard rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Prior year Adjustments

N.a.

Standard

Local to Tax - Standard rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Standard rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Other Current Tax items

N.a.

Standard

Local to Tax - Standard rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Standard rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Tax computation adjustments

N.a.

Standard

Local to Tax - Standard rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Standard rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Tax credits

N.a.

Standard

Local to Tax - Standard rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Standard rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Variation of reserves for Tax_contingencies (UTP)

N.a.

Standard

Local to Tax - Standard rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Standard rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Tax reassessment

N.a.

Standard

Local to Tax - Standard rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Standard rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Withholding taxes on royalties

N.a.

Standard

Local to Tax - Standard rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Standard rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Withholding taxes on interest

N.a.

Standard

Local to Tax - Standard rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Standard rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Withholding taxes on received dividends

N.a.

Standard

Local to Tax - Standard rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Standard rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Withholding taxes - Other

N.a.

Standard

Local to Tax - Standard rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Standard rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Adjustment of current income tax from discontinued activities

N.a.

Standard

Local to Tax - Standard rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Standard rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Domestic Top up Tax (Pillar II)

N.a.

Standard

Local to Tax - Standard rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Standard rate

Current Tax charge before Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Computed Current CIT

Computed Current CIT

Computed Current CIT

N.a.

Standard

Local to Tax - Standard rate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Standard rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Variation of reserves for Tax_contingencies (UTP)

N.a.

Standard

Reporting to Separate

Tax

N.a.

Positive

Current Tax Charge

Current Tax Charge - Standard rate

Other Current income tax items

N.a.

N.a.

N.a.

N.a.

Other Current income tax items

Other Current income tax items

Variation of reserves for Tax_contingencies (UTP)

N.a.

Standard

Separate to Contribution

Tax

N.a.

Positive

Rules

The following tables presents the data points allowed as "Rules" :

Input Rules data points

Role	Label	Definition	Typing	Multiplicity behavior	Mandatory
Matching	DTX Rule segmentation	Allows to define the segmentation level of the Rule component to be retrieved	Couple (String; Integer)	Several Values can be defined as "ATP Rule segmentation", but the Integer has to be unique among the set	Yes
National taxation	DTX Consolidation Tax Rate	Input of the group's consolidation tax rate	percentage	Only one value is acceptable for a given segment of the analysis, see Rule mapping	Yes
National taxation	DTX Deferred Standard CIT rate - Opening	Input of the applicable national tax rate affecting the entity's deferred tax computation, for the Opening flows	percentage	Only one value is acceptable for a given segment of the analysis, see Rule mapping	Yes
National taxation	DTX Deferred Standard CIT rate - Current Year	Input of the applicable national tax rate affecting the entity's deferred tax computation, for the Current year flows	percentage	Only one value is acceptable for a given segment of the analysis, see Rule mapping	Yes
National taxation	DTX Deferred Standard CIT rate - Closing	Input of the applicable national tax rate affecting the entity's deferred tax computation, for the Closing year flows	percentage	Only one value is acceptable for a given segment of the analysis, see Rule mapping	Yes
National taxation	DTX Current Standard CIT rate - Opening	Input of the applicable national tax rate affecting the entity's local tax computation, for the Opening flows	percentage	Only one value is acceptable for a given segment of the analysis, see Rule mapping	Yes
National taxation	DTX Current Standard CIT rate - Current Year	Input of the applicable national tax rate affecting the entity's local tax computation, for the Current year flows	percentage	Only one value is acceptable for a given segment of the analysis, see Rule mapping	Yes
National taxation	DTX Current Standard CIT rate - Closing	Input of the applicable national tax rate affecting the entity's local tax computation, for the Closing year flows	percentage	Only one value is acceptable for a given segment of the analysis, see Rule mapping	Yes
National taxation	DTX Current Reduced rate CIT rate - Opening	Input of the applicable separate tax rate affecting the entity's local tax computation, for the Opening flows	percentage	Only one value is acceptable for a given segment of the analysis, see Rule mapping	Yes
National taxation	DTX Current Reduced rate rate - Current Year	Input of the applicable separate tax rate affecting the entity's local tax computation, for the Current year flows	percentage	Only one value is acceptable for a given segment of the analysis, see Rule mapping	Yes
National taxation	DTX Current Reduced rate CIT rate - Closing	Input of the applicable separate tax rate affecting the entity's local tax computation, for the Closing year flows	percentage	Only one value is acceptable for a given segment of the analysis, see Rule mapping	Yes

Output

Tax computations

Role	Label	Definition	Typing	Multiplicity behavior	Mandatory
Matching	Matched entity segmentation		Couple (String; Integer)	Several Values can be defined as "DTX Entity segmentation", but the Integer has to be unique among the set	Yes
Matching	Matched Data segmentation segmentation		Enum : from the list of available DTX referencing tree levels	Forbidden	No, if absent data are aggregated by the algorithm at the defined level
Data segmentation	DTX Level 1		Enum : from the list of available DTX referencing tree levels	Forbidden	No, if absent data are aggregated by the algorithm at the defined level
Data segmentation	DTX Level 2		Enum : from the list of available DTX referencing tree levels	Forbidden	No, if absent data are aggregated by the algorithm at the defined level
Data segmentation	DTX Level 3		Enum : from the list of available DTX referencing tree levels	Forbidden	No, if absent data are aggregated by the algorithm at the defined level
Data segmentation	DTX Level 4		Enum : from the list of available DTX referencing tree levels	Forbidden	No, if absent data are aggregated by the algorithm at the defined level
Data segmentation	DTX Level 5		Enum : from the list of available DTX referencing tree levels	Forbidden	No, if absent data are aggregated by the algorithm at the defined level
National taxation	DTX Computed CIT rate - Current Year		percentage	-	No
National taxation	DTX Computed CIT rate - Basket		Enum : Standard; Other rate	-	No
Computation result	DTX - Computed Net Taxable Income - Prior Year Income - core		Couple (Decimal;ISO 3 Currency Code)	-	No
Computation result	DTX - Computed Net Taxable Income - Prior Year Income - non-core		Couple (Decimal;ISO 3 Currency Code)	-	No
Computation result	DTX - Computed Net Taxable Income - Final Values - core		Couple (Decimal;ISO 3 Currency Code)	-	No
Computation result	DTX - Computed Net Taxable Income - Final Values - non-core		Couple (Decimal;ISO 3 Currency Code)	-	No
Computation result	DTX - Computed Net Taxable Income - Income - core		Couple (Decimal;ISO 3 Currency Code)	-	No
Computation result	DTX - Computed Net Taxable Income - Income - non-core		Couple (Decimal;ISO 3 Currency Code)	-	No
Computation result	DTX - Computed Current CIT - Prior Year Income - core		Couple (Decimal;ISO 3 Currency Code)	-	No
Computation result	DTX - Computed Current CIT - Prior Year Income - non core		Couple (Decimal;ISO 3 Currency Code)	-	No
Computation result	DTX - Computed Current CIT - Final Values - core		Couple (Decimal;ISO 3 Currency Code)	-	No
Computation result	DTX - Computed Current CIT - Final Values - non core		Couple (Decimal;ISO 3 Currency Code)	-	No
Computation result	DTX - Computed Current CIT - Income - core		Couple (Decimal;ISO 3 Currency Code)	-	No
Computation result	DTX - Computed Current CIT - Income - non core		Couple (Decimal;ISO 3 Currency Code)	-	No
Computation result	DTX - Computed Check		Boolean : True; False	-	No

Deferred Tax Report

Role	Label	Definition	Typing	Multiplicity behavior	Mandatory
Result Entity segmentation	DTX Entity segmentation	Allows to define the segmentation of the data input that corresponds to the base aggregation level for the entity involved in the Tax accounting computation	Couple (String; Integer)	Several Values can be defined as "DTX Entity segmentation", but the Integer has to be unique among the set	Yes
Result Data segmentation	DTX Level 1		Enum : from the list of available DTX referencing tree levels	Forbidden	No, if absent data are aggregated by the algorithm at the defined level
Result Data segmentation	DTX Level 2		Enum : from the list of available DTX referencing tree levels	Forbidden	No, if absent data are aggregated by the algorithm at the defined level
Result Data segmentation	DTX Level 3		Enum : from the list of available DTX referencing tree levels	Forbidden	No, if absent data are aggregated by the algorithm at the defined level
Result Data segmentation	DTX Level 4		Enum : from the list of available DTX referencing tree levels	Forbidden	No, if absent data are aggregated by the algorithm at the defined level
Result Data segmentation	DTX Level 5		Enum : from the list of available DTX referencing tree levels	Forbidden	No, if absent data are aggregated by the algorithm at the defined level
Result Data segmentation	DTX Free Account segmentation	Arbitrary segmentation level to preserve	Couple (String; Integer)	Forbidden	No, if absent data are aggregated by the algorithm at the defined level
Result Data segmentation	Type of difference		Enum : from the list of available "Type of differences"	Forbidden	No, if absent data are aggregated by the algorithm at the defined level
Result Data segmentation	Primary account		Enum : from the list of available "Primary account" for the selected "Type of differences"	Forbidden	No, if absent data are aggregated by the algorithm at the defined level
Result Data segmentation	Sub-account		Enum : from the list of available "Sub-account" for the selected "Primary accounts"	Forbidden	No, if absent data are aggregated by the algorithm at the defined level
Result Data segmentation	Nature		Enum : Base; Tax	Forbidden	No, if absent data are aggregated by the algorithm at the defined level
Result Data segmentation	Step		Enum : Reporting to Separate; Separate to Contribution; Reporting to Local; Local To Tax; Tax losses and Tax credits; Local to Tax - Separate Basket	Forbidden	No, if absent data are aggregated by the algorithm at the defined level
Result Data segmentation	Sign		Enum : Positive; Negative	Forbidden	No, if absent data are aggregated by the algorithm at the defined level
Result Data segmentation	Expiration		Enum : Expiring in Y+0->5 (6 items); Expiring in over Y+ 5; Unlimited; Expired; N.a.	Forbidden	No, if absent data are aggregated by the algorithm at the defined level
Result Data segmentation	Basket		Enum : Standard; Reduced rate	Forbidden	No, if absent data are aggregated by the algorithm at the defined level
Result Data segmentation	Tax rate multiplication		Enum: deferred rate; current rate	Forbidden	No, if absent data are aggregated by the algorithm at the defined level
Result Flows	DT Report - Opening		Couple (Decimal;ISO 3 Currency Code)	-	No
Result Flows	DT Report - Perimeter entry		Couple (Decimal;ISO 3 Currency Code)	-	No
Result Flows	DT Report - Change in consolidation method		Couple (Decimal;ISO 3 Currency Code)	-	No
Result Flows	DT Report - Change in accounting policy		Couple (Decimal;ISO 3 Currency Code)	-	No
Result Flows	DT Report - Dividends paid		Couple (Decimal;ISO 3 Currency Code)	-	No
Result Flows	DT Report - True-up P&L -core		Couple (Decimal;ISO 3 Currency Code)	-	No
Result Flows	DT Report - True-up P&L -non-core		Couple (Decimal;ISO 3 Currency Code)	-	No
Result Flows	DT Report - Income input - core		Couple (Decimal;ISO 3 Currency Code)	-	No
Result Flows	DT Report - Income input - non-core		Couple (Decimal;ISO 3 Currency Code)	-	No
Result Flows	DT Report - Change in tax rate P&L (only for tax)		Couple (Decimal;ISO 3 Currency Code)	-	No
Result Flows	DT Report - OCI		Couple (Decimal;ISO 3 Currency Code)	-	No
Result Flows	DT Report - Change in tax rate OCI (only for tax)		Couple (Decimal;ISO 3 Currency Code)	-	No
Result Flows	DT Report - In year change in scope		Couple (Decimal;ISO 3 Currency Code)	-	No
Result Flows	DT Report - Reclass and Other		Couple (Decimal;ISO 3 Currency Code)	-	No
Result Flows	DT Report - Perimeter exit		Couple (Decimal;ISO 3 Currency Code)	-	No
Result Flows	DT Report - CTA		Couple (Decimal;ISO 3 Currency Code)	-	No
Result Flows	DT Report - Closing		Couple (Decimal;ISO 3 Currency Code)	-	No

Tax proof

Role	Tax proof category 1	Tax proof category 2	Tax proof category 3	Definition	Typing	Multiplicity behavior	Mandatory	Additional parameter
Result Entity segmentation	DTX Entity segmentation	DTX Entity segmentation	DTX Entity segmentation	Allows to define the segmentation of the data input that corresponds to the base aggregation level for the entity involved in the Tax accounting computation	Couple (String; Integer)	Several Values can be defined as "DTX Entity segmentation", but the Integer has to be unique among the set	No, if absent data are aggregated by the algorithm at the defined level
Tax proof version	Tax proof components	Contribution level	Contribution level		Enum : Local; Reporting; Separate; Contribution	Forbidden	No, if absent data are aggregated
Tax proof version	Tax proof components	Core vs Non-core	Core vs Non-core		Enum : Core; Non-core	Forbidden	No, if absent data are aggregated
Tax proof version	Reference rate definition	Reference rate as Group	Reference rate as Group		percentage	Forbidden	No, if neither OR both tagged => Reference rate as Group
Tax proof version	Reference rate definition	Reference rate as Local	Reference rate as Local		percentage	Forbidden
Tax proof results	PBT Impact	Net Profit After Tax	Net Profit After Tax		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	PBT Impact	Current Tax items under Selected GAAP	Current Tax items under Selected GAAP		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	PBT Impact	Deferred Taxes under Selected GAAP	Deferred Taxes under Selected GAAP		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	PBT Impact	Profit Before Tax	Profit Before Tax		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Rates	Local Tax Rate	Local Tax Rate		percentage	-	No
Tax proof results	Rates	Group Tax Rate	Group Tax Rate		percentage	-	No
Tax proof results	Rates	Reference Tax Rate	Reference Tax Rate		percentage	-	No
Tax proof results	Taxation	Theoritical Tax	Theoritical Tax		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Taxation	Impact of difference between Group and local tax rate	Impact of difference between Group and local tax rate		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Permanent differences	Reclassification Accounting or Tax		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Permanent differences	Intangible and Tangible assets		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Permanent differences	Employees		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Permanent differences	Non Deductible taxes		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Permanent differences	Other Permanent Differences		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Permanent differences	Permanent Financial items		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Other Current income tax items	Effect of tax group Income Tax		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Other Current income tax items	Effect of tax group Tax Credit		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Other Current income tax items	Permanent Establishment/ Branch taxation		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Other Current income tax items	Prior year Adjustments		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Other Current income tax items	Other Current Tax items		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Other Current income tax items	Tax computation adjustments		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Other Current income tax items	Tax credits		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Other Current income tax items	Variation of reserves for Tax contingencies (UTP)		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Other Current income tax items	Tax reassessment		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Other Current income tax items	Withholding taxes on royalties		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Other Current income tax items	Withholding taxes on interest		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Other Current income tax items	Withholding taxes on received dividends		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Other Current income tax items	Withholding taxes - Other		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Other Current income tax items	Adjustment of current income tax from discontinued activities		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Other Current income tax items	Domestic Top up Tax (Pillar II)		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Unrecognized DTA	Unrecognized DTA in package		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Unrecognized DTA	Unrecognition of DTA on Tax losses and Tax credits		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Direct Deferred Tax Adjustments	Uncertain Tax Position Deferred Taxes		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Direct Deferred Tax Adjustments	Other deferred tax adjustments		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Expired losses unused - GROSS EFFECT	Expired losses unused - GROSS EFFECT		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Prior year adjustment - Current	Prior year adjustment - Current		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Prior year adjustment - Deferred	Prior year adjustment - Deferred		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Reduce rate - Current	Reduce rate - Current		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Reduce rate - Deferred	Reduce rate - Deferred		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Change in DTA Tax credits	Change in DTA Tax credits		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Effect of change in tax rate	Effect of change in tax rate		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Tax proof elements	Effect of difference between current and deferred tax rate	Effect of difference between current and deferred tax rate		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Calculated Tax Charge	Calculated Tax Charge	Calculated Tax Charge		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Income Tax from tax package	Income Tax	Current Tax items from tax package		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Income Tax from tax package	Income Tax	Deferred Taxes from tax package		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Unexplained differences	Unexplained differences	Unexplained differences		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Controls	Delta in Tax	Current Tax items		Couple (Decimal;ISO 3 Currency Code)	-	No
Tax proof results	Controls	Delta in Tax	Deferred Tax items		Couple (Decimal;ISO 3 Currency Code)	-	No

Computational steps

In the following computational steps, it will be assumed that the user of the algorithm has provided a sufficient data segmentation for the computation, by respecting the "mandatory" components of the data input and has requested the output according to a compatible segmentation.

Step 1 - Current Tax Charge Computation

Step 1.1. Computation of Net Taxable Income

At this stage the purpose is to aggregate the computation of the differences in order to compute the net taxable income both in the standard and Other rate baskets.

We therefore start with a Matrix with the following features:

• ID columns identifying the entity/tax payer (it is an arbitrary level of segmentation)
• Segmentation levels and characterization :
  • Level 1 : Net Taxable income (Net Taxable income - Other rate)
  • Step : Reporting to Local OR Local to Tax (Local to Tax - Other rate, only)
• Flow values with tax treatment="flow"

Per ID segmentation, the 12 following values for the corresponding flows need to be formed by aggregating all lines corresponding to the selection:

• Net Taxable income - Standard rate :
  • Prior Year Income - core
  • Prior Year Income - non-core
  • Final Values - core
  • Final Values - non-core
  • Income - core
  • Income - non-core
• Net Taxable income - Other rate :
  • Prior Year Income - core
  • Prior Year Income - non-core
  • Final Values - core
  • Final Values - non-core
  • Income - core
  • Income - non-core

Step 1.2. Computation of the Current Tax Charge for each basket

At this stage and per ID segmentation and for each fields "Core" and "Non-core" values are aggregated to form the following values :

• Net Taxable income - Standard rate :
  • Prior Year Income
  • Final Values
  • Income
• Net Taxable income - Other rate :
  • Prior Year Income
  • Final Values
  • Income

Next using the ID segmentation and the matched rules, the appropriate current year Tax Rate is identified for each basket : Standard and Other rate.

Finally the Output values the 6 values are multiplied if postive only by minus one (-1) and by the relevant tax rate for their baske to form the following 6 values :

• Current Tax Charge - Standard Rate :
  • Prior Year Income
  • Final Values
  • Income
• Current Tax charge - Other rate :
  • Prior Year Income
  • Final Values
  • Income

Step 1.3. Split between Core and Non-core

For the last computation stage, the goal is to split the contribution to the core and non-core component using the following formula

Current Tax Charge - Standard Rate (Other rate) for Item - core (non-core)=

• if Net Taxable income - Standard rate (Other rate) for Item TOTAL (core + non-core) ≤0 => 0
• if Net Taxable income - Standard rate (Other rate) for Item TOTAL (core + non-core) >0 => Net Taxable income - Standard rate (Other rate) for Item - core (non-core) / Net Taxable income - Standard rate (Other rate) for Item TOTAL (core + non-core) x Current Tax Charge - Standard Rate (Other rate) for Item TOTAL (from Step 1.2.)

This allows to form per item and per basket the following 12 values

• Current Tax Charge - Standard Rate :
  • Prior Year Income - core
  • Prior Year Income - non-core
  • Final Values - core
  • Final Values - non-core
  • Income - core
  • Income - non-core
• Current Tax charge - Other rate :
  • Prior Year Income - core
  • Prior Year Income - non-core
  • Final Values - core
  • Final Values - non-core
  • Income - core
  • Income - non-core

Step 1.4. Further controls

In order to facilitate the coherence analysis of the collected data the following computations are also realized:

Checks 1 to 4 : Coherence of the Use of tax losses:

Change in Tax Losses Value check

The following values are generated for each basket :

For the Net Taxable Income - Standard rate / and Other rate respectively, :

• aggregation of the values marked as "Ordinary tax losses" ("Other tax loses", respectively) in the Sub-account => A
• aggregation of the values marked as "Other adjustments" and "Change in Tax losses" in the "Primary account" and "Sub-account respectively" for the given basket => B
• generate the absolute relative delta value as : =IF(|A+B|>0;2 x |A-B|/|A+B|;"n.a.") for the following flows
  • Prior Year Income - core
  • Prior Year Income - non-core
  • Final Values - core
  • Final Values - non-core
  • Income - core
  • Income - non-core

These are generated as additionnal lines of the matrix according to the complete data structure element for Check 1 in the related flows.

Coherence checks (under construction)

The following checks are computed per basket, for the sum of flows income core and non core :

• Check 2 : Link between sign of "Gross Taxable Income" and "Change in Tax Losses"
  • OK if
    • for total income flow for the aggregated lines of
• Check 3 : Link between sign of "Net Taxable Income" and "Use of tax losses" Income flow
• Check 4 : Link between Change of Tax Losses Income flow of Use of tax losses and expiration

These checks are generated as additionnal in additional lines in the complete data structure in a dedicated output flow "Check N".

Check 5: Coherence of the Tax credits

The following checks is computed per basket, for the sum of flows income core and non core :

• Check 5 : Link between "Effect of taxes not based on income" Tax credits and Income flow of tax credits

These checks are generated as additionnal in additional lines in the complete data structure in a dedicated output flow "Check N".

Step 2 - Deferred Tax Report Generation

The Deferred Tax report gathers all the entry data-points for the different flows for tax treatments "base" and "tax" for all the lines that play a role in the the Deferred tax proceess.

The lines to be treated are the following :

• Type of difference = "Temporary differences"
• Type of difference = "Tax losses and Tax credits" AND Sub-account =
  • "Ordinary tax losses"
  • "Other tax losses"
  • "Deferred Tax on Tax credits"
• Type of difference = "Direct Deferred Tax Adjustments"
• Type of difference = "Unrecognized DTA"

for each line the Result flow value is computed as follows : the sum of

• its flow value in base (Tax treatment = "base" for the flow)
  • if the line's Nature = "base" => flow value x (sign) x "Tax rate multiplication" in line, or 0 if "Tax rate multiplication" = n.a. or
  • if the line's Nature = "tax" => flow value, excepted for Change in tax rate OCI (only for tax) that needs to be mulitplied by sign
• its flow value in tax (Tax treatment = "tax" for the flow)

Please note the following correspondance between Input flows with Tax treatment = "base" and Tax rate periods, to be matched according to the basket

Correspondance between input flow with tax treatment="base" and Period tax rate

Flow	Period tax Rate
Prior year Income - core	Opening
Prior year Income - non-core	Opening
Final Values - core	Opening
Final Values - non-core	Opening
Opening	Opening
Perimeter entry	Opening
Change in consolidation method	Opening
Change in accounting policy	Current Year
Dividends paid	Current Year
True-up - core (only for tax)	N.a.
True-up - non-core (only for tax)	N.a.
Income - core	Current Year
Income - non-core	Current Year
Change in tax rate P&L (only for tax)	N.a.
Change in scope	Current Year
OCI	Current Year
Change in tax rate OCI (only for tax)	N.a.
In year change in scope	Current Year
Reclass and Other	Current Year
Perimeter exit	Closing
CTA	Current Year
Closing	Closing

Some of the Result flows do not have a version for which tax treatment = "base", but still require to be computed as a formula of available values to generate the tax treatment = "base" of their definition.

These are :

• True-Up P&L (tax treatment = "base") => to be generate with the tax treatment ="flow" values from Prior year Income and Final values flows as follows :
  • True-Up P&L "flow" - core = Final Values - core - Prior year Income - core
  • True-Up P&L "flow" - non-core = Final Values - non-core - Prior year Income - non-core

=> of course this will have to be multplied by the right rate and added to the corresponding tax treatment = "tax"

• Change in tax rate P&L (tax treatment = "base") => to be computed at the very end, after multiplication by the corresponding rates and signs, as the difference between (with Prior Year Income and Final Values replaced by the computed True-Up P&L "base")
  • the computed Result Closing flow as described above for tax treatment ="base",
  • and the sum of all the result flows beside "Closing" for tax treatment ="base"

=> the objective is to generate the Change in tax rate P&L value with this formula for the tax treatment ="base" flows of the various line, to then add it to the directly input Change in tax rate P&L value with tax treatment="tax"

Step 3 - Tax proof computation

The tax proof generation is focused on the analysis of the True P&L and Incomes flows to justify and detail the differences between the Nominal Tax rate of the Group and the Actual Income Tax.

Format of the result output

The output format is a new independant table constructed as follows:

• the entity ID segmentation
• the tax proof contribution level
  • Local : Reporting to Local; Local To Tax - Standard rate; Tax losses and Tax credits; Local to Tax - Other rate
  • Reporting: Reporting to Local;
  • Separate: Reporting to Separate;
  • Contribution: Separate to Contribution;
• the core - non-core contribution level : Core; Non-Core

• the Reference Rate : defined by the presence of either
  • Reference Rate as Group
  • Reference Rate as Local
  • if neither is tagged Reference Rate as Group is selected by default

• The different Tax proof values as independant retrievable fields

see Output section

Construction of the tax proof result

It will be possible to retrievel any of the combination of values of the followin table by selecting or restricting the algorithms output:

Combination of options for tax proof generation

"Core vs Non-core"\"Contribution level"	Local	Reporting	Separate	Contribution	Total
Core	individual output	individual output	individual output	individual output	sum
Non-core	individual output	individual output	individual output	individual output	sum
Total	sum	sum	sum	sum	total sum

Tax proof elements computation

The following table lists the different tax proof level values and the formula associated with each result flow.

Tax proof level computations

DTX Tax proof level 1	DTX Tax proof level 2	DTX Tax proof level 3	Basic Formula	Type of difference selection	Flows to take into account	Baskets	Local	Reporting	Separate	Contribution	Core vs Non Core
PBT Impact	Net Profit After Tax	Net Profit After Tax	sum of Income and True-Up P&L, depending on contribution level	Depends on step	Income; True-Up P&L = (Final values - Prior year income)	Standard	Alternate 1 = "Net equity under Local GAAP"	Level 5 = "Net equity from financial reporting" - Alternate 1 = "Net equity under Local GAAP"	Alternate 2 = "Net equity under Separate GAAP" - Level 4 = Net equity from financial reporting	Alternate 1 = "Net equity under Group GAAP" - Alternate 2 = "Net equity under Separate GAAP"	Flows marked "core" vs Flows marked "non-core"
PBT Impact	Income Tax	Current Tax items under Selected GAAP	sum of Income and True-Up P&L, depending on contribution level	Depends on step	Income; True-Up P&L = (Final values - Prior year income)	Standard	Level 1 = "Income tax (current + deferred) in Local GAAP"	Level 4 = "Cancellations" AND Sub-account= " CANCELLATION of Current Tax items and Uncertain Tax Positions under Reporting GAAP" - Level 1 = "Income tax (current + deferred) in Local GAAP"	Level 2 = "Income tax (current + deferred) in Separate GAAP" - Level 3 = "Cancellations" AND Sub-account " CANCELLATION of Current Tax items and Uncertain Tax Positions under Reporting GAAP"	Level 1 = "Income tax (current + deferred) in Group GAAP" - Level 2 = "Income tax (current + deferred) in Separate GAAP"	Flows marked "core" vs Flows marked "non-core"
PBT Impact	Income Tax	Deferred Taxes under Selected GAAP	sum of Income and True-Up P&L, depending on contribution level	Depends on step	Income; True-Up P&L = (Final values - Prior year income)	Standard	Level 1 = "Income tax (current + deferred) in Local GAAP"	Level 4 = "Cancellations" AND Sub-account="CANCELLATION OF Deferred Taxes under Reporting GAAP" - Level 1 = "Income tax (current + deferred) in Local GAAP"	Level 2 = "Income tax (current + deferred) in Separate GAAP" - Level 3 = "Cancellations" AND Sub-account " CANCELLATION of Deferred Taxes under Reporting GAAP"	Level 1 = "Income tax (current + deferred) in Group GAAP" - Level 2 = "Income tax (current + deferred) in Separate GAAP"	Flows marked "core" vs Flows marked "non-core"
PBT Impact	Profit Before Tax	Profit Before Tax	= Net Profit After Tax - $\Sigma$Income Tax, per Contribution level
Rates	Local Tax Rate	Local Tax Rate	DTX Current Standard CIT rate - Current Year Basket = "Standard"
Rates	Group Tax Rate	Group Tax Rate	DTX Consolidation Tax Rate Basket ="Standard"
Rates	Reference Rate	Reference Rate	Reference Rate = Group => Group tax Rate Reference rate = Local => Current Annual Tax rate
Taxation	Theoritical Tax	Theoritical Tax	Reference Rate x PBT x (-1), per Contribution level
Taxation	Impact of difference between Group and local tax rate	Impact of difference between Group and local tax rate	Theoritical Tax + Local Tax Rate x PBT, per Contribution level
Tax proof elements	Permanent differences	For every possible values of Primary Account for Permanent differences in "type of differences"	(-1) x Reference Rate x aggregation of permanent difference lines per primary account x sign	Type of difference = "permanent differences" Per "Primary accounted"	Income (tax treatment ="base" onmly)	Standard	Step = [ Local To Tax - Standard rate; Local to Tax - Other rate]	Reporting to Local	Reporting to Separate	Separate to Contribution	Flows marked "core" vs Flows marked "non-core"
Tax proof elements	Other Current income tax items	For every possible values of Sub-account for Other Current income tax items in "Primary account"	aggregation of Other Current income tax items lines per Sub-account	Type of difference = "Other Current income tax items" Per "sub-account"	Income	Standard	Local To Tax - Standard rate	n.a.	Reporting to Separate (only for "Variation of reserves for Tax contingencies (UTP)")	Separate to Contribution (only for "Variation of reserves for Tax contingencies (UTP)")	Flows marked "core" vs Flows marked "non-core"
Tax proof elements	Unrecognized DTA	Unrecognized DTA in package	usual sum of corresponding lines*	Primary account = "Unrecognized DTA in package"	Income	Standard; Other rate	Step = [ Local To Tax - Standard rate; Tax losses and Tax credits; Local to Tax - Other rate]	Reporting to Local	Reporting to Separate	Separate to Contribution	Flows marked "core" vs Flows marked "non-core"
Tax proof elements	Unrecognized DTA	Unrecognition of DTA on Tax losses and Tax credits	usual sum of corresponding lines*	Primary account = "Unrecognition of DTA on Tax losses and Tax credits"	Income	Standard; Other rate	Step = [ Local To Tax - Standard rate; Tax losses and Tax credits; Local to Tax - Other rate]	Reporting to Local	Reporting to Separate	Separate to Contribution	Flows marked "core" vs Flows marked "non-core"
Tax proof elements	Direct Deferred Tax Adjustments	Uncertain Tax Position Deferred Taxes	usual sum of corresponding lines*	Primary account = "Uncertain Tax Position Deferred Taxes"	Income	Standard	Step = [ Local To Tax - Standard rate; Tax losses and Tax credits]	Reporting to Local	Reporting to Separate	Separate to Contribution	Flows marked "core" vs Flows marked "non-core"
Tax proof elements	Direct Deferred Tax Adjustments	Other deferred tax adjustments	usual sum of corresponding lines*	Primary account = "Other deferred tax adjustments"	Income	Standard	Step = [ Local To Tax - Standard rate; Tax losses and Tax credits	Reporting to Local	Reporting to Separate	Separate to Contribution	Flows marked "core" vs Flows marked "non-core"
Tax proof elements	Expired losses unused - GROSS EFFECT	Expired losses unused - GROSS EFFECT	Sum of lines for base flows x DTX Current (Standard/Other rate respectively) CIT rate - Opening	Sub-account = "Of which losses having expired unused"	Income	Standard; Other rate	Tax losses and Tax credits	n.a.	n.a.	n.a.	Flows marked "core" vs Flows marked "non-core"
Tax proof elements	Prior year adjustment - Current	Prior year adjustment - Current	usual sum of corresponding lines*	Type of difference = "Computed Current CIT" (from Step 1) OR "Other Current income tax items"	True-Up P&L = (Final values - Prior year income)	Standard; Other rate	Step = [ Local To Tax - Standard rate; Tax losses and Tax credits; Local to Tax - Other rate]	n.a.	Reporting to Separate (only for "Variation of reserves for Tax contingencies (UTP)")	Separate to Contribution (only for "Variation of reserves for Tax contingencies (UTP)")	Flows marked "core" vs Flows marked "non-core"
Tax proof elements	Prior year adjustment - Deferred	Prior year adjustment - Deferred	usual sum of corresponding lines*	Type of difference = "Temporary differences", "Tax losses and Tax credits", "Unrecognized DTA", "Direct Deferred Tax Adjustments"	True-Up P&L = (Final values - Prior year income)	Standard; Other rate	Step = [ Local To Tax - Standard rate; Tax losses and Tax credits; Local to Tax - Other rate]	Reporting to Local	Reporting to Separate	Separate to Contribution	Flows marked "core" vs Flows marked "non-core"
Tax proof elements	Other rate - Current	Other rate - Current	usual sum of corresponding lines*	Type of difference = "Computed Current CIT" (from Step 1) OR "Other Current income tax items"	Income; True-Up P&L = (Final values - Prior year income)	Other rate	Local to Tax - Other rate	n.a.	n.a.	n.a.	Flows marked "core" vs Flows marked "non-core"
Tax proof elements	Other rate - Deferred	Other rate - Deferred	usual sum of corresponding lines*	Type of difference = "Temporary differences", "Tax losses and Tax credits", "Unrecognized DTA", "Direct Deferred Tax Adjustments"	Income	Other rate	Step = [ Tax losses and Tax credits; Local to Tax - Other rate]	n.a.	n.a.	n.a.	Flows marked "core" vs Flows marked "non-core"
Tax proof elements	Change in DTA Tax credits	Change in DTA Tax credits	usual sum of corresponding lines*	"Primary accounts" = "Tax credits"	Income	Standard; Other rate	Tax losses and Tax credits	n.a.	n.a.	n.a.	Flows marked "core" vs Flows marked "non-core"
Tax proof elements	Effect of change in tax rate	Effect of change in tax rate	usual sum of corresponding lines*	Type of difference = "Temporary differences", "Tax losses and Tax credits", "Unrecognized DTA", "Direct Deferred Tax Adjustments"	Change in Tax Rate P&L	Standard; Other rate	Step = [ Local To Tax - Standard rate; Tax losses and Tax credits; Local to Tax - Other rate]	Reporting to Local	Reporting to Separate	Separate to Contribution	Core
Tax proof elements	Effect of difference between current and deferred tax rate	Effect of difference between current and deferred tax rate	Sum of corresponding lines x (Deferred Tax Rate - Current Annual Tax Rate)	Type of difference = "Temporary differences"	Income (tax treatment ="base" onmly)	Standard	Step = [Reporting to Local; Local To Tax - Standard rate]	Reporting to Local	Reporting to Separate	Separate to Contribution	Flows marked "core" vs Flows marked "non-core"
Calculated Tax Charge	Calculated Tax Charge	Calculated Tax Charge	=Theoritical Tax + somme of tax proof elements, per Contribution level
Income Tax from tax package	Income tax	Current Tax items from tax package	usual sum of corresponding lines*	Type of difference = "Computed Current CIT" (from Step 1) OR "Other Current income tax items"	Income; True-Up P&L = (Final values - Prior year income)	Standard; Other rate	Step = [ Local To Tax - Standard rate; Tax losses and Tax credits; Local to Tax - Other rate]	n.a.	Reporting to Separate (only for "Variation of reserves for Tax contingencies (UTP)")	Separate to Contribution (only for "Variation of reserves for Tax contingencies (UTP)")	Flows marked "core" vs Flows marked "non-core"
Income Tax from tax package	Income tax	Deferred Taxes from tax package	usual sum of corresponding lines*	Type of difference = "Temporary differences","Tax losses and Tax credits", "Unrecognized DTA", "Direct Deferred Tax Adjustments"	Income; True-Up P&L = (Final values - Prior year income) and Change in tax rate P&L	Standard; Other rate	Step = [ Local To Tax - Standard rate; Tax losses and Tax credits; Local to Tax - Other rate]	Reporting to Local	Reporting to Separate	Separate to Contribution	Flows marked "core" and Change in Tax Rate P&L vs Flows marked "non-core"
Unexplained differences	Unexplained differences	Unexplained differences	= Income Tax - Calculated Tax Charge, per Contribution level
Controls	Delta in Tax	Current Tax items	= Current Tax items under Selected GAAP - Current Tax items from tax package, per Contribution level
Controls	Delta in Tax	Deferred Tax items	= Deferred Taxes under Selected GAAP - Deferred Taxes from tax package, per Contribution level

*usual sum of corresponding lines : means for a given line for the given flows :

• the sum for the line of :
  • its flow value in base
    • if Nature = "base" => flow value x (sign) x "Tax rate multiplication" in line, or 0 if "Tax rate multiplication" = n.a. or
    • if Nature = "tax" => flow value
  • its flow value in tax