Tax consolidation – Understanding the impacts on individual and consolidated accounts
  • Consolidation under French GAAP - Consolidation under French GAAP
  • Consolidation under IFRS - Accounting production: Know how to prepare consolidated accounts under IFRS.
  • Corporate taxation and associated risks - Fundamentals of corporate taxation and associated risks.
  • Tax aspects in consolidated accounts - Deferred tax, tax proof, tax consolidation
  • Tax Processes - Understand tax mechanisms and master the implementation of tax processes and associated deliverables (tax consolidation, corporate income tax, group tax rate, CET-VAT, etc.)

Target audience

- Accounting managers
- Chartered Accountants, Statutory Auditors
- Consolidation and Accounting Directors
- Consolidation managers
- Financial managers

1 day

Prerequisites

This training does not require any particular prerequisite.

Objectives

– Know how to analyze and monitor the tax consolidation gain
– Understand all accounting aspects of allocating the tax charge within the group
– Master deferred taxation and/or latent taxation and the consequences of exiting the group perimeter

Detailed content

> Rules on creating a tax consolidation group

– Legal framework
– Opportunities and risks associated with belonging to a tax group
– Tax consolidation update

> Sources and nature of tax savings: deficits, tax adjustments

> Analysis of the main adjustments to calculate the group taxable income and comparison with the consolidation adjustments

> Highlighting deferred or latent taxation

> Allocating tax charge and tax savings

– Presentation and analysis of various fiscal integration conventions
– Monitoring the gain from tax consolidation: causes and conditions
– Financial flows to be accounted when paying tax
– Accounting for the tax consolidation gain in individual and consolidated accounts

> Leaving tax consolidation

– Tax adjustments and consequences on consolidated accounts
– Compensation paid to companies leaving the tax consolidation: causes, terms and conditions, applying the tax consolidation convention

Why should you attend?

Forming a tax consolidation group allows to optimize the tax charge and related cash flows. However, the mechanisms involved in tax consolidation are complex and have many consequences on individual and consolidated accounts.
This training certainly meets the challenge and offers a full day session to help you calculate, optimize and account for tax in a tax consolidation.

Training methods and assessment

Resolution of a progressive practical case study throughout the entire day, illustrating the various issues at hand and enabling assessment of knowledge gained.
Assessment questionnaire.
A training certificate is delivered at the end of the session.

The trainer is available by e-mail to answer any follow-up questions participants may have.

Price

1 050 € Excl. VAT – 1 260 € Incl. VAT

Médias

Témoignages

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Jonathan C.
Entreprise
Formation