Interim Provision/Interim Effective Tax Rate

Administrators can use the dataset parameter, USE_WWPTBI_INTPROVETR, to show different line items in the Interim Tax Provision and Interim Effective Tax Rate reports. You can select the Detail view of the report to see the underlying balances that make up the Total Pre-Tax Book Income.

The interim effective tax rate is calculated in two ways. The designation is made by using the USE_WWPTBI_INTPROVETR dataset parameter with a parameter value of 0 or 1.

If you set the dataset Parameter Value to "0", the report starts with total consolidated pre-tax book income and subtracts the pre-tax book income of Exclude Foreign Loss and Exclude Units. There are four lines of data – Total Pre-Tax Book Income, Less: Excluded Units, Less: Excluded Foreign Losses, and Total Adjusted Pre-Tax Book Income - Actual.

Parameter Name: USE_WWPTBI_INTPROVETR

Parameter Value: 0

2.	If you set the Parameter Value to "1", the report adds the pre-tax book income of all units and builds up to total consolidated pre-tax book income. There are four lines of data – Included Units, Excluded Units, Excluded Foreign Losses, and Total Pre-Tax Book Income – Actual.

Parameter Name: USE_WWPTBI_INTPROVETR

Parameter Value: 1

Note: The dataset parameter USE_WWPTBI_INTPROVETR applies to both the Reporting and Reporting (Legacy) reports.