CORPTAX® State Provision can produce a full State by State Provision and tax rate by jurisdiction. It allows users to calculate a more precise worldwide effective tax rate with supporting analysis to show the build-up of state by state effective tax rates.
This innovative solution helps manage the documentation required to support financial statement reporting and provides multiple approaches to arriving at a detailed state effective income tax rate. CORPTAX State Provision is integrated and included with CORPTAX® Advanced Global Provision (AGP), CORPTAX® Advanced Domestic Provision (ADP) and CORPTAX® Provision.