Visualisation
You get an intuitive and interactive overall view of the group tax rate in different dashboards.
Tax Rate Analyzer
Automated analysis of the group tax rate
Analyse the group tax rate with the help of the tax reconciliation calculation
The group tax rate and tax reconciliation are mandatory disclosures in the IFRS consolidated financial statements and are determined from the tax reporting of the individual group companies. As it is one of the most important tax indicators, the analysis of the group tax rate is of great importance.
Your benefits
100 %
Individual solution
Get proposed solutions based on your needs and requirements
100 %
Flexibility
Evaluation on demand: View your group tax rate on an annual, quarterly, monthly or daily basis
0
Workload
Increase the efficiency of your workflows through an automated and standardised approach
Managed service approach
As part of our service, we take into account the individual needs of your company and provide you with an interactive solution that graphically presents the results.
01Data collection
In order to be able to prepare your data, we need the totals statement as well as the reconciliation statement and a list of companies from your ERP system. If further analysis is to take place, the extended data requirements will be coordinated with you in the kick-off meeting.
In the Spotlight
Visualisation
Reconciliation
Insights
Loss carryforwards
Pricing
Implementation
Fulfilment of your individual requirements for the analysis.
- Kick-off talks and creation of requirements lists
- Analysis and validation of data sets
- Customisation of the workflow
- Visualisation
- Provisioning in the workbench
€ 9,500
one-time fee
Follow-up assessments
In the following evaluations, we start with the implemented process and can provide you with the results at short notice.
- Analysis and validation of data sets
- Visualisation
- Provisioning in the workbench
€ 3,000
per assessment
Additional services
If you require individual additional services, we can include these in the managed service on the basis of our daily rate.
- e.g. multi-year overviews, trend analyses, data reports and others
- further process flow as for implementationg
€ 2,100
per day
How is the group tax rate calculated?
The group tax rate, as one of the most important tax ratios, is determined from the ratio of current and deferred income tax expense to the group's IFRS earnings before income taxes. The ratio thus provides aggregated information on the Group's tax burden.
What is tax reconciliation?
The tax reconciliation statement in accordance with IAS 12.81 (c) is a mandatory disclosure in the notes to IFRS consolidated financial statements. It reconciles the expected tax expense to the actual tax expense. The tax effects that lead to a higher or lower tax expense must be presented. It is therefore suitable for a well-founded analysis of the Group tax rate.
Does the product support me in my IFRS consolidated financial statements?
The product is used for the downstream analysis of the factors influencing the group tax rate, its development between reporting dates and the identification of optimization potential.
Can individual extensions be taken into account?
In the kick-off talk, we discuss the scope and design of the solution together and in close consultation with you. We can always take individual additions into account. For services beyond this, we charge our daily rate (8-hour day) of € 2,100.
Can follow-up evaluations be provided ad hoc?
Thanks to the workflow developed during implementation, we are able to provide you with follow-up evaluations within the shortest possible time. We determine the reporting cycle in close consultation with you.