Tax accounting algorithm

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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

Structure overview

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

Other

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.

Please note that the entire computation will be retrievable with the associated exchange rate for the various flows :

  • Prior Year Income : Opening
  • Final Values : Opening
  • Income : Year to date cumulated average (current)

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 (Use Opening - Current Tax Rate)
    • Final Values (Use Opening - Current Tax Rate)
    • Income (Use Current - Current Tax Rate)
  • Current Tax charge - Other rate :
    • Prior Year Income (Use Opening - Current Tax Rate)
    • Final Values (Use Opening - Current Tax Rate)
    • Income (Use Current - Current Tax Rate)

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 Type of exchange rate to use
Prior year Income - core Opening Opening
Prior year Income - non-core Opening Opening
Final Values - core Opening Opening
Final Values - non-core Opening Opening
Opening Opening Opening
Perimeter entry Opening Opening
Change in consolidation method Opening Opening
Change in accounting policy Current Year YTD cumulated average / Current Year
Dividends paid Current Year YTD cumulated average / Current Year
True-up - core (only for tax) N.a. YTD cumulated average / Current Year
True-up - non-core (only for tax) N.a. YTD cumulated average / Current Year
Income - core Current Year YTD cumulated average / Current Year
Income - non-core Current Year YTD cumulated average / Current Year
Change in tax rate P&L (only for tax) N.a. YTD cumulated average / Current Year
Change in scope Current Year YTD cumulated average / Current Year
OCI Current Year YTD cumulated average / Current Year
Change in tax rate OCI (only for tax) N.a. YTD cumulated average / Current Year
In year change in scope Current Year YTD cumulated average / Current Year
Reclass and Other Current Year YTD cumulated average / Current Year
Perimeter exit Closing Closing
CTA Current Year YTD cumulated average / Current Year
Closing 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 (for the effect of change in tax rate P&L all contributions are marked core, but for the 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

Please note that the return exchange rate for data processed in local currency will be Year to date cumulated average (or current year).

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" Alternate 1 = "Net equity under Local GAAP" - Level 5 = "Net equity from financial reporting" 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 Step ="Reporting to Local" AND ( + lines with Sub-account="CANCELLATION of Current Tax items and Uncertain Tax Positions under Reporting GAAP" - lines with Primary Account ="Current income tax" 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" MINUS PBT IMPACT Local (Step ="Reporting to Local" AND ( + lines with Sub-account="CANCELLATION of Current Tax items and Uncertain Tax Positions under Reporting GAAP" - lines with Primary Account ="Current income tax") 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 Step ="Reporting to Local" AND ( + lines with Sub-account="CANCELLATION OF Deferred Taxes under Reporting GAAP" - lines with Primary Account ="Deferred income tax" Level 4 = "Cancellations" AND Sub-account="CANCELLATION OF Deferred Taxes under Reporting GAAP" - Level 1 = "Income tax (current + deferred) in Local GAAP" MINUS PBT IMPACT Local (Step ="Reporting to Local" AND ( + lines with Sub-account="CANCELLATION OF Deferred Taxes under Reporting GAAP" - lines with Primary Account ="Deferred income tax") 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 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 3 = "Local GAAP Result before Tax" level 4 = "Reporting Result before Tax" - level 3 = "Local GAAP Result before Tax" level 2="Separate GAAP Result before Tax" - level 3 = "Reporting Result before Tax" level 1="Group GAAP Result before Tax" - level 2="Separate GAAP Result before Tax" Flows marked "core" vs Flows marked "non-core"
PBT Impact Profit Before Tax Profit Before Tax = Net Profit After Tax - 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 Flows marked "core" vs Flows marked "non-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 (Income Tax from tax package) - 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.
      • if Nature = "tax" => flow value
    • its flow value in tax

** the rate to use for these Prior Year Adjustment effect if the one defined for the line in "Tax rate multiplication"

***Change in tax rate P&L needs to be computed for all lines as the following operation between flows : the sum of

  • for flows value in base : based on the table in the previous section "Correspondance between input flow with tax treatment="base" and Period tax rate" : the sum of
    • Closing rate x flows value in base corresponding to Closing
    • Sum of
      • for all other flows in base but "Prior Year income", (-1) x Corresponding rate (Opening or YTD cumulated average / Current Year) x corresponding flow value in base,
      • for "Prior Year Income", for which no (-1) multiplication is needed
  • for flow value in tax, the sum of
    • (-1) x change in tax rate OCI
    • Change in tax rate P&L

Note : the tax rate to use for change in tax rate P&L is the rate defined in "tax rate multiplication"

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