Step-by-step computation for Macro-step 5: Difference between revisions
(Title formatting) |
|||
| Line 1: | Line 1: | ||
== Purpose == | |||
The purpose of the ETR and Top-Up Tax computations is to compute the Top-Up Tax in each Jurisdictions and Jurisdiction sub-perimeters after the computation of the various Additional Top-Up Taxes and the Substance-Based Income Exclusion. | The purpose of the ETR and Top-Up Tax computations is to compute the Top-Up Tax in each Jurisdictions and Jurisdiction sub-perimeters after the computation of the various Additional Top-Up Taxes and the Substance-Based Income Exclusion. | ||
== General Logic == | |||
In order to perform the computation, the recalculations are first performed and then the Jurisdictional Top-Up Tax is computed after taking into account the impact of the SBIE, Additional Top-Up Taxes and Qualified Domestic Top-Up Tax. It is then reallocated to the various Constituent Entity according to their positive GloBE Income. | In order to perform the computation, the recalculations are first performed and then the Jurisdictional Top-Up Tax is computed after taking into account the impact of the SBIE, Additional Top-Up Taxes and Qualified Domestic Top-Up Tax. It is then reallocated to the various Constituent Entity according to their positive GloBE Income. | ||
== Data Input == | |||
The Data input for Macro-step 5 consists in : | The Data input for Macro-step 5 consists in : | ||
| Line 13: | Line 13: | ||
The detailed matrix is available in the relevant section of the [[Pillar 2 Data Structure]]. | The detailed matrix is available in the relevant section of the [[Pillar 2 Data Structure]]. | ||
== Data Output == | |||
The Data output for Macro-step 5 consists in : | The Data output for Macro-step 5 consists in : | ||
| Line 21: | Line 21: | ||
The detailed matrix is available in the relevant section of the [[Pillar 2 Data Structure]]. | The detailed matrix is available in the relevant section of the [[Pillar 2 Data Structure]]. | ||
== Detailed Step by step approach == | |||
=== Step 5.1. - Construction of Jurisdiction/Sub-group aggregates and indicators === | |||
=== Step 5.2. - Computation of Jurisdiction/Sub-group Top-Up Tax === | |||
=== Step 5.3. - Allocation of Top-Up Tax among LTCEs === | |||
Revision as of 11:10, 12 December 2023
Purpose
The purpose of the ETR and Top-Up Tax computations is to compute the Top-Up Tax in each Jurisdictions and Jurisdiction sub-perimeters after the computation of the various Additional Top-Up Taxes and the Substance-Based Income Exclusion.
General Logic
In order to perform the computation, the recalculations are first performed and then the Jurisdictional Top-Up Tax is computed after taking into account the impact of the SBIE, Additional Top-Up Taxes and Qualified Domestic Top-Up Tax. It is then reallocated to the various Constituent Entity according to their positive GloBE Income.
Data Input
The Data input for Macro-step 5 consists in :
- The list of Jurisdictions and Jurisdiction sub-perimeters;
- The list of all the GloBE aggregates ;
The detailed matrix is available in the relevant section of the Pillar 2 Data Structure.
Data Output
The Data output for Macro-step 5 consists in :
- The Top-Up Tax for each Low Tax Constituent Entity ;
- The data required by the GIR to document the computation;
The detailed matrix is available in the relevant section of the Pillar 2 Data Structure.