LOB Criteria Check

Compare caller-supplied requirements and observations for lob criteria check.

Description

A limitation-on-benefits checklist compares required treaty-criterion labels with declared satisfied labels.

A limitation-on-benefits checklist compares required treaty-criterion labels with declared satisfied labels. Matching declarations is separate from evaluating a treaty’s substantive tests.^[1]

Compare caller-supplied requirements and observations for lob criteria check.

When to use LOB Criteria Check

Use this tool to compare caller-supplied requirements and observations for lob criteria check.

Choose the specific arithmetic or checklist scenario and establish its input amounts, dates, rates and criteria from the applicable records. Keep currencies, periods and jurisdictions consistent; review the tool-specific assumptions before interpreting the result.

How to use LOB Criteria Check and understand its results

Choose the specific arithmetic or checklist scenario and establish its input amounts, dates, rates and criteria from the applicable records. Keep currencies, periods and jurisdictions consistent; review the tool-specific assumptions before interpreting the result.
Enter requiredCriteria, satisfiedCriteria using the field table and calculation rules, then run the tool.
Read coveragePercent, matched, missing, unexpected. The explanation below defines the units, signs, ordering and any flags or placeholder values.
If the tool reports an input issue, correct the values and run it again. Apply the stated assumptions when interpreting a successfully returned result.

Input field	Meaning	Value type; see rules below	Requirement
requiredCriteria	Required LOB criteria	list of string	Required
satisfiedCriteria	Satisfied criteria	list of string	Required

Enter required and satisfied criteria. Trim, reject blanks, deduplicate using en-US lowercase and require at least one distinct requirement. Return matched/missing/unexpected labels and coverage.

coverage%=100 matchedDistinctCriteria/distinctRequiredCriteria

Units, indexing, boundary conditions and exceptional cases are defined in the calculation rules above.

Output field	Meaning	Value type
coveragePercent	Coverage (%)	number; minimum: 0; maximum: 100
matched	Matched items	list of string
missing	Missing items	list of string
unexpected	Unexpected items	list of string

json

{
  "input": {
    "requiredCriteria": [
      "ownership test",
      "base erosion test",
      "qualified resident"
    ],
    "satisfiedCriteria": [
      "ownership test",
      "qualified resident"
    ]
  },
  "output": {
    "coveragePercent": 66.66666666666666,
    "matched": [
      "ownership test",
      "qualified resident"
    ],
    "missing": [
      "base erosion test"
    ],
    "unexpected": []
  }
}

Limitations and assumptions

No treaty text, ownership, base erosion or entitlement evidence is inspected. Coverage does not establish treaty eligibility.

Numeric inputs must be finite. Follow the calculation-specific rules for overflow, underflow and exceptional cases. Lists are limited to 100,000 entries; the rules above may require smaller limits. Missing required fields, extra fields, wrong value types and violations of the calculation rules are input errors.

Alternative or Complementary methods

Use Transfer-Pricing Method Selector: Select a transfer-pricing method from caller-confirmed data availability without making a compliance determination. For a complementary task, use Royalty Withholding: Calculate royalty withholding from a caller-supplied treaty rate.

References

LOB Criteria Check — tool.io

Similar or alternative tools

Transfer-Pricing Method Selector
Select a transfer-pricing method from caller-confirmed data availability without making a compliance determination.
Royalty Withholding
Calculate royalty withholding from a caller-supplied treaty rate.