ONESOURCE™ UNCERTAIN TAX POSITIONS A Quick Start Guide for the UTP App Last Updated: v2014

ADMINISTRATION SET-UP Set-up of the system will vary depending on which scenario you are using Scenario 1 – ONESOURCE Tax Provision Export Categories out of OTP’s Administration Convert the export file Import Categories into UTP App Admin Center Create a dataset for your UTPs Identify Dataset, Perm, Temps & Tax Adjustments available for UTP App Scenario 2 – Excel Manual Set-up OR Create a spreadsheet template Units, perms, temps and tax adjustments © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

SCENARIO 1 EXPORT CATEGORIES FROM OTP To export data into a file from OTP: On the Administration tab Choose Export Categories Enter a file name (such as “export_categories.xls”) Click Save © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

SCENARIO 1 CONVERT EXPORT FILE The export of categories from OTP will include information that is not necessary for the UTP App. The sheets that are used are: #CU# Units #CSC# SubConsolidations #CPD# Permanent Differences #CTD# Temporary Differences #CTA# Tax Adjustments #CS# States © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

SCENARIO 1 IMPORT CATEGORIES INTO UTP APP On the home screen, click the Uncertain Tax Positions link After you’ve entered the UTP App Click Admin Center > Components > Import Import the file into the UTP App: Click on Browse… Select the converted exported file Click Open & then Import Your file will be submitted to the queue and you will be notified via a popup in the upper left corner when your import is complete. © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

SCENARIO 2 CATEGORIES SET-UP If you are not using OTP to complete your tax provision you will need to set up the Units, Permanent and Temporary Differences, Tax Adjustments and additional Jurisdictions. Populating Categories in the UTP App Manual entry Data can be manually entered in the fields. The following slides will walk through these screens. Click Uncertain Tax Positions on the home page to access the Admin Center Spreadsheet Template Data can be brought in using an import spreadsheet template If you do not have an Import Categories spreadsheet template, you can export one from the Admin Center. In the UTP App: Admin Center > Components > Export > With Assignments > OK All sheets which export are applicable to the UTP App © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

SCENARIO 2 MANUAL CATEGORIES SET-UP Click Admin Center > Components > Manage: Units Click Add Enter a unique unit code Enter the unit name Choose a Unit Type – Domestic or Foreign. Choose the Country Choose the Currency Click Save © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

SCENARIO 2 MANUAL CATEGORIES SET-UP Click Admin Center > Components > Manage: Permanent Differences, Temporary Differences or Tax Adjustments Click Add Enter the unique code and name for your perm diff, temp diff, or tax adj Click Save © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

SCENARIO 2 MANUAL CATEGORIES SET-UP Click Admin Center > Components > Manage: States Click Add Enter a unique state code Enter the jurisdiction name Click Save Note: Many jurisdictions are in the system by default. You do not need to create these jurisdictions. United States: The 50 states, AO (All Other), BS (Blended State) and Federal. Canada: 13 Provinces and Canada. Other: National and Great Britain © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

SCENARIOS 1 & 2 DATASET CREATION In the UTP App, click Admin Center > Datasets & Reporting Datasets Click Add, a box will appear for you to enter the dataset info Enter the dataset name Select the designation for the dataset which will affect the calculation of your UTPs (GAAP complies with ASC 740; IFRS complies with IAS12(ED)) Make sure No is selected as the Read Only option Select the fiscal year for the dataset Select the fiscal period (FY for full year, Q1 for the first quarter, M1 for January, etc.) Select Empty as the Transaction Click Save © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

SCENARIOS 1 & 2 SETTING THE CURRENT DATASET Once you have created a new dataset, you will need to set it as the current dataset in order to populate it with your information Click Settings on the Navigation Bar and the following box will pop up Select the Dataset and Unit from the dropdown menus that you wish to work with and click Save © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

SCENARIOS 1 & 2 USER ADMINISTRATION Units and Components Assign the components necessary for a unit. Choose the permanent & temporary differences and the tax adjustments that should be displayed as a choice in the UTP App In the UTP App, click Admin Center > Components > choose the Component Type you would like to assign to units from the Manage dropdown (Perms, Temps, Tax Adjs) Click on Assignment Mode Click on the unit(s) you wish to assign components to Select the components you wish to assign to the unit(s) by holding down Ctrl while selecting the components After you have made your selections, click Save Assignments Please see the next slide for a screenshot of this process © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

SCENARIOS 1 & 2 USER ADMINISTRATION © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

USERS & USER RIGHTS New User User Rights To add a new user, contact Support. You will be asked to provide a written request that states that the user should have the right to access your data. Included in the request, please provide the User’s name and email address. Be sure to designate the User Rights that should be assigned to the user. User Rights The user can have several rights depending on what activities they will be required to perform in the system. Administration – Read/Write Allows a user all the rights of Read/Write users Provides a user access to the rest of the Admin Center: Users, Datasets & Reporting Datasets, Components Non Administration – Read/Write Allows a user all the rights of Read Only users Allows a user to enter, import, modify and/or delete data in the system Non Administration – Read Only Allows a user to see and export data and reports Provides a user access to select areas of the Admin Center: Job History, Audit Trail, Documentation, Labels & Groups, FX Rates and Interest & Penalties © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

USER ASSIGNMENTS New Units When you add a new Unit in the Admin Center: Components section you may need to adjust the assignments. Admin Center > Users > Manage: User - Unit Assignment Click on the User to open the Unit Assignment box If you are assigning units to more than one user, hold down Ctrl while selecting the users Select the units you wish to assign to the user(s) by holding down Ctrl while selecting the units After you have made your selections click Save © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

USER ASSIGNMENTS New Sub-Consolidations When you add a new SubConsolidation in the Admin Center: Components section you may need to adjust the assignments. Admin Center > Users > Manage: User - SubConsolidation Assignment Click on the User to open the SubConsolidation Assignment box If you are assigning subcons to more than one user, hold down Ctrl while selecting the users Select the subcons you wish to assign to the user(s) by holding down Ctrl while selecting the subcons After you have made your selections click Save © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

NAVIGATING THE UTP APPLICATION The App Menu: Home – returns you to the home screen Contact – pops up a box with the contact information for the Support Group and the UTP Committee Help – pops up the UTP App User Manual in a separate window Sign Out – signs you out of the UTP App The Navigation Bar will bring you to the different areas of the UTP App. © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

NAVIGATING THE UTP APPLICATION SETTINGS After first entering the UTP App, you will need to set the unit and dataset Click Settings on the Navigation Bar and the following box will pop up in the middle of your screen Select the unit and dataset you would like to work with from the drop down menus, then click Save Note: Click the Always Show checkbox if you want the Settings box to display every time the application loads; else the previously selected dataset/unit will load. Your selections will display in the upper right hand corner of the screen along with the year of the dataset in parentheses © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

NAVIGATING THE UTP APPLICATION MY UTP Click My UTP on the Navigation Bar The My UTP section of the UTP App provides you with important news and updates as well as some quick links for the application and guides on the functionality of the UTP App. Check here regularly for release notes, scheduled outages, and other information. The new import template format is also available here. Quick Links Import – import your items into the UTP App Export – export items, summary numbers, or summary categories from the UTP App Batch Print – batch print the main reports to PDF or XLS files Dataset Merge – create a merged dataset This is the only area in the UTP App where this option is available. © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

NAVIGATING THE UTP APPLICATION UNCERTAIN POSITIONS Click Uncertain Positions on the Navigation Bar This is where you can add or modify positions and add or view supporting documentation for a position. The Main Contingency Menu is on the right hand side The Action Menu is on the left hand side Click the Action Detail button after you make a selection from the drop down menu for more information about each of the options Select positions from the list, choose an option and click Go/Execute Action to apply that action to the selected positions © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

NAVIGATING THE UTP APPLICATION UNCERTAIN POSITIONS Once a position has been added, you can click on the item’s code (hyperlink) to: Modify or Remove or Copy, Undo a Settlement, view an individual item’s schedules and Audit History, or Add or View documentation related to the item. © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

NAVIGATING THE UTP APPLICATION UNCERTAIN POSITIONS Individual Item Schedules Calculation Support Shows the calculation support for the UTP in Local Currency. The Calculation Support can be chosen from a position in the Contingencies Table or from either the Uncertain Deferred Rollforward report or Uncertain Payable Rollforward report when they are in Local Currency view. Item Detail Item Detail shows all the entries made for each item that was entered in the system. Each entry for amounts, rates, more likely than not and other adjustments is captured in this report. The Deferred Category, for temporary differences, as well as whether the position is Non-Cash or Equity also displays. Interest & Penalties Interest & Penalties shows the TimeValue TaxInterest report if you used the system to calculate your interest &/or penalties. This report can also be viewed by clicking the Report button on the final screen of the data entry work flow. The individual item schedules can be batch printed from the Action Menu. © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

UNCERTAIN POSITIONS ENTERING A NEW ITEM Add a new position On the Main Contingency Menu, click Add New position It will begin the workflow by asking for Type of Issue You can choose Permanent Difference, Temporary Difference or Tax Adjustment then click Next The following slides will show you the workflow screens that will walk you through the data entry process. © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

UNCERTAIN POSITIONS ENTERING A NEW ITEM Step 1 – Type of Issue Choose Permanent Difference as the Type of Issue Step 2 – Identify the Issue Characteristics Choose the code & name, year issue arose, jurisdiction, class, subclass, comment and if the position should be marked as equity or non-cash from the drop down boxes. © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

UNCERTAIN POSITIONS ENTERING A NEW ITEM Step 3 – Enter Issue Details on an As Filed basis. Enter the period and year that the issue is expected to be resolved and when the statute of limitations will expire. The amount in question is the amount identified as potentially being subject to audit. If the amount, as it would impact the provision, reduces Taxable Income than it should be entered as a negative amount. For this example enter $(2,000,000). A total book expense of $5,000,000 was reduced by $3,000,000 via a permanent item. This left $2,000,000 that was deducted, reducing taxable income for FAS 109. Enter the current tax rate for the year the issue arose. © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

UNCERTAIN POSITIONS ENTERING A NEW ITEM Step 4a – More Likely than Not Determination Answer the More Likely than Not determination. An answer of “No” will provide on 100% of the amount in question and not allow for the probability schedule. © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

UNCERTAIN POSITIONS ENTERING A NEW ITEM Step 4b – Cumulative Probability Analysis The amounts in “Amount Sustained Current” are pre-populated by reducing the total amount in question by 1/8th increments. The incremental amounts can be edited as needed. Assign a percentage, not to exceed 100% cumulatively, for each threshold level of the amount expected to be sustained. Bucket #4 originally populated at (1,250,000) or (2,000,000) X 5/8 However the correct bucket amount for this example should be (1,200,000) © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

UNCERTAIN POSITIONS ENTERING A NEW ITEM Step 5 – Issue Details – Unrecognized Position Amount Expected to be Sustained will carryover from the probability analysis. To adjust this amount you need to go back to the probability analysis and change the facts. The Current Tax Rate will be defaulted to the rate entered on the As Filed screen. Make adjustments as necessary. © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

UNCERTAIN POSITIONS ENTERING A NEW ITEM Step 6 – Adjustments to the UTP Enter any additional expected adjustments to the UTP for Interest (with tax deductibility rates), Penalties and Other Tax Adjustments. The interest and penalties can be computed by clicking the Interest & Penalties Calculator button. Click Save when you are done. © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

UNCERTAIN POSITIONS INTEREST & PENALTIES You can calculate Interest &/or Penalties by using TimeValue’s TaxInterest software by clicking the Interest & Penalties Calculator button on the last data entry screen. Federal Positions will show the following screen. Select the radio button to the right of Domestic to calculate interest for the pre-defined Federal jurisdiction. Make your selections, use the calendar icon to enter the required dates and click Calculate Interest & Penalties. © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

UNCERTAIN POSITIONS INTEREST & PENALTIES State/Custom Jurisdiction Positions will show the following screen. If you are calculating interest for a State pre-defined in the system, select the radio button to the right of Domestic. Make your selections, use the calendar icon to enter the required dates and click Calculate Interest & Penalties. If you are calculating interest for a jurisdiction not defined in the system, select the radio button to the right of International. You will be able to build a custom rate table for the position. Click Calculate Interest & Penalties when you are done. Pre-Defined Jurisdiction Non Pre-Defined Jurisdiction © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

UNCERTAIN POSITIONS BENEFIT Federal Benefit of State Deduction The UTP App will automatically calculate the Federal benefit on state amounts when the federal tax rate is entered. As Filed Screen for a State Issue: Unrecognized Screen for a State Issue: © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

UNCERTAIN POSITIONS BENEFIT Federal & State Benefit of Federal deduction of Interest If the interest expense on your UTPs is deductible and you would like to calculate the federal and state benefit of the expense, enter the tax rates below the interest section. Interest Screen for a Federal or State Issue: © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

UNCERTAIN POSITIONS VIEW OPTIONS Sorting The contingencies table can be sorted by any column Click on the column header to sort the column in ascending order, click the header again to sort the column in descending order Expected to be Resolved & Statute of Limitations are sorted by year and then quarter Filtering The contingencies table can be sorted based on operators on nine different columns Begin typing your filter (starting with the column header name) in the filter box located at the bottom right of the Contingencies table Choose your filter option from the list that appears and then choose the value you would like to filter on from the selections that appear Click Create Filter To view your filters, click the arrow to the right of Current Filters A number displays next to Current Filters to show the active filters To remove a filter: Click on the filter in the Current Filters dropdown Click Clear All from the dropdown to remove all filters The number of rows in the table (lower left corner) updates based on your filter(s). © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

UNCERTAIN POSITIONS VIEW OPTIONS Click Grid Tools in the lower left of the Contingencies table: Items can be highlighted if they are expiring within the dataset year Select the color you would like to highlight them in Group By Component, Jurisdiction, Year or Status Select or Deselect all positions in the table © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

UNCERTAIN POSITIONS LABELS An item can have one or many labels assigned to it. This allows the user to group items together in the contingencies table and on the reports. Labels can be added by clicking on the blue/gray symbol next to an item’s name or in the Admin Center. Enter in a new label name in the box and click Create Label The new label will appear in the list Clicking on the blue/gray symbol is also the way to assign labels to a specific position. Hold down CTRL while selecting the labels you want to assign to the position Click Submit Label Assignment when done © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

UNCERTAIN POSITIONS DOCUMENTATION Notes and attachments can be added to a line item in the UTP App. Click on the item’s code and a menu will display. Click Documentation The Documentation box will display. Type in the note area. The Note area will dictate the title. To attach a file click Browse… to locate the file. The file will be added to the note and you will have the ability to attach another file. When you are finished entering notes and attaching files click Save. © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

UNCERTAIN POSITIONS DOCUMENTATION After a note is entered or a file is attached, the note icon next to the position turns yellow. Click the icon or the Documentation option from the item menu to view the documentation or reply to a previous post. Posts are listed by ‘Post Date’ with the most recent posts or replies at the top of the list. Click Reply to reply to a previously entered post or click New Post to create a new post for the line item. © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

UTP EVENTS Once a position is added or rolled over from a prior period you can Modify the item. The type of modification will determine if the issue is final and should not be rolled to the subsequent period. Non-Final Adjust for a Change in Judgment Issue existed in a prior period, but in the current period the outlook for the amount or the rate differs from the prior period Adjust for a Change in Interest Issue existed in a prior period and the interest amount needs to be updated. Return to Provision Issue existed in a prior period, but the amount differs from the prior period because of a true-up item Settlement – Partial A settlement has been reached on a portion of the position and the remaining balance continues to be uncertain. Final No Longer Uncertain Issue existed in a prior period, however, in the current period it is determined that the UTP is no longer necessary Expiration of Statute Issue existed in a prior period, however, in the current period it is determined that the UTP is no longer necessary since the statute of limitations has expired Settlement - Final An agreement has been reached on the issue and a settlement has been reached © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

FOREIGN EXCHANGE RATES Foreign Exchange Rates are determined on a unit by unit basis. The Beginning Spot rate is rolled over from the ending spot rate in the previous period, but can be modified if necessary. The FX Rates for the current unit are displayed above the Contingencies table. The Beginning & Ending Spot Rates and the Weighted Average rate can be updated by clicking directly on the rate and making your changes. Click the Save icon (blue disk) after you have made your changes. © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

UNCERTAIN POSITIONS DATA MIGRATION Importing Data into the UTP App UTP information can be populated in the system using an import spreadsheet template This functionality is accessed through the Uncertain Positions section or the My UTP section Exporting Data out of the UTP App The entered data can be exported out of the module to an Excel spreadsheet Export UTP Items Export Categories Export Numbers © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

UNCERTAIN POSITIONS BATCH PRINTING You can batch print the main reports from the UTP App into a PDF or XLS file for easy saving or printing On the Main Contingency Menu click Batch Print This box will display where you can make your batch print selections Click Print when you have finished making your selections. © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

NAVIGATING THE UTP APPLICATION REPORTING Click Reporting on the Navigation Bar Select which of the reports you would like to view as well as the view options for the report from the drop down menus and click Get Report If your screen resolution is making it difficult to see the entire filter menu, click the second icon next to "Reporting" to view the filters vertically, instead of horizontally. If you have chosen to view a subconsolidation you must have rights to view the subconsolidation (See User Assignments–slide 22) Right click on any of the reports, near the report header to export the report to PDF or Excel © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

NAVIGATING THE UTP APPLICATION ADMIN CENTER Click Admin Center on the Navigation Bar Users have access to different areas of the Admin Center based on their user rights and permissions (See Users & User Rights) © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.

Admin Center – Dataset Maintenance The positions can be copied to a new dataset or can be rolled over to a new period. In the UTP App click Admin Center > Datasets & Reporting Datasets Click Add New and fill out the information for the dataset you are creating To Copy: Select Copy as the Transaction, choose the dataset you wish to copy from the drop down menu & click Save To Rollover: Select Rollover as the Transaction, choose the dataset you wish to rollover from the drop down menu & click Save Remember to set your newly created dataset as the current dataset by clicking Settings on the Navigation Bar in the UTP App © 2010 Thomson Reuters. All Rights Reserved. All names and trademarks mentioned herein are property of their respective owners.