Tax positions vary in complexity and size. We offer a fresh perspective on UTP calculation and measurement. Our advanced analytics go beyond management’s best determination of a UTP. After navigating through an identification decision tree, a user selects then drills into UTP parameters such as factors influencing position, structural type, adjustment/level of impact, and complexity of position. These factual labels lead to calculations of settlement probabilities resulting in a stronger position when recording and monitoring UTPs.
Report tables are downloadable in several formats to accompany a business’s tax provision files. Our program is global, meaning a user can outline a position for most tax jurisdictions.
Our offering is a UTP inventory builder, sustainable account inventory record builder, sub-schedule tracking, and jurisdictional documentation support reporter in accordance with ASC 740 and ASC 275. In addition, a legal entity organization chart builder allows a user to schematic the entire tax landscape and notations. This platform is a great compliment to the OIKOS Alpha™ solution.