Companies

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