Companies

Video: Company Master Data

04 - Companies.mkv
Video: Company Master Data

Constituent Entities

For Pillar 2 calculations it may be the case, that entities state a CE, that weren’t maintained as a separate entity for the tax accounting or other GTC modules. This may be the case for example with Permanent Establishments. For the Pillar 2 calculations it is necessary to maintain separate companies for each CE in the master data.

Creation of Constituent Entities

It is possible to create CEs manually, e.g. for some Permanent Establishments, that haven’t been a CE before. Anyway if the GTC is installed for the first time or if you need to make several changes, there are two ways to import master data:

  • Adding new units is possible via a CSV upload to the Default period with basic information. Basic information means mainly Unit-ID, name of the entity and country. If you use the function for the first time, please contact AMANA.

  • Other Unit Master Data can be uploaded via an SQL-script by AMANA. There is a template to upload unit master data and one for the specific tab on international tax unit master data. Please contact AMANA for further information on this type of upload.

International Tax Master Data (former Pillar 2 tab)

In this Pillar 2 specific tab entity data is collected. Some of the information are just informational, other have a direct impact on the calculations.

AMAE00

Entity is not a Constituent Entity for Pillar 2 purposes

If elected, the respective entity is treated as if it was an Excluded Entity. Therefore, the entity is shown in the calculations, but all values entered in the Entity Data Collection are set to zero in the calculation.

Ownership related status

The Ownership related status information is just informational at the current state of the Pillar 2 Module.

AMAE01

Ultimate Parent Entity

AMAE02

Permanent Establishment

AMAE03

Intermediate Parent Entity

AMAE04

Joint Venture

AMAE05

Joint Venture Subsidiary

AMAE06

Minority-Owned Parent Entity

AMAE07

Minority-Owned Subsidiary

AMAE08

Partially-Owned Parent Entity

AMAE09

Subsidiary wholly owned (directly or indirectly) by another Partially-Owned Parent Entity

Status related to potential exclusion (without consideration of election to disregard exclusion)

AMAE20

Governmental Entity

If elected, the respective entity is treated like an Excluded Entity. The entity is shown in the calculations, but all values entered in the Entity Data Collection are set to zero in the calculation. It is possible to exercise the election not to treat an Entity as an Excluded Entity (EE-4), so values are not set to zero, despite the status of an Excluded Entity.

AMAE21

International Organisation

If elected, the respective entity is treated like an Excluded Entity. The entity is shown in the calculations, but all values entered in the Entity Data Collection are set to zero in the calculation. It is possible to exercise the election not to treat an Entity as an Excluded Entity (EE-4), so values are not set to zero, despite the status of an Excluded Entity.

AMAE22

Non-profit Organisation

If elected, the respective entity is treated like an Excluded Entity. The entity is shown in the calculations, but all values entered in the Entity Data Collection are set to zero in the calculation. It is possible to exercise the election not to treat an Entity as an Excluded Entity (EE-4), so values are not set to zero, despite the status of an Excluded Entity.

AMAE23

Pension Fund

If elected, the respective entity is treated like an Excluded Entity. The entity is shown in the calculations, but all values entered in the Entity Data Collection are set to zero in the calculation. It is possible to exercise the election not to treat an Entity as an Excluded Entity (EE-4), so values are not set to zero, despite the status of an Excluded Entity.

AMAE24

Investment Fund that is an Ultimate Parent Entity

If elected, the respective entity is treated like an Excluded Entity. The entity is shown in the calculations, but all values entered in the Entity Data Collection are set to zero in the calculation. It is possible to exercise the election not to treat an Entity as an Excluded Entity (EE-4), so values are not set to zero, despite the status of an Excluded Entity.

AMAE25

Real Estate Investment Vehicle that is an Ultimate Parent Entity

If elected, the respective entity is treated like an Excluded Entity. The entity is shown in the calculations, but all values entered in the Entity Data Collection are set to zero in the calculation. It is possible to exercise the election not to treat an Entity as an Excluded Entity (EE-4), so values are not set to zero, despite the status of an Excluded Entity.

AMAE26

Other Excluded Entity

If elected, the respective entity is treated like an Excluded Entity. The entity is shown in the calculations, but all values entered in the Entity Data Collection are set to zero in the calculation. It is possible to exercise the election not to treat an Entity as an Excluded Entity (EE-4), so values are not set to zero, despite the status of an Excluded Entity.

Status related to Tax Treatment

The Tax Treatment related status information is just informational at the current state of the Pillar 2 Module.

AMAE30

Flow-through Entity (business conducted through Permanent Establishment)

AMAE31

Flow-through Entity (business not conducted through Permanent Establishment)

AMAE32

Tax Transparent Entity

AMAE33

Reverse Hybrid Entity

Status related to Filing

The Filing related status information is just informational at the current state of the Pillar 2 Module.

AMAE40

Designated Filing Entity

AMAE41

Designated Local Entity

Other non-ownership related status information

The other, non-ownership related status information is just informational at the current state of the Pillar 2 Module.

AMAE50

Non-Material Constituent Entity

AMAE51

Departing Constituent Entity

AMAE52

Stateless Constituent Entity

AMAE53

Pension Services Entity

AMAE54

Insurance Investment Entity

AMAE55

Investment Entity

AMAE56

Subject to Deemed Distribution Tax