Landmark cases testify to the scrutiny intercompany accounting practices are receiving from tax authorities worldwide. In particular, transfer pricing, or the price charged by one legal entity to another legal …
Part 1 of this series provided an overview of the process, tax, and regulatory complexities of intercompany service transactions. Part 2 and Part 3 took a more in-depth look at …
Intercompany accounting is a difficult process for any company to manage. This function is largely decentralized, and there are rarely standards for intercompany transactions across the organization. Add to that …
Global expansion is an exciting opportunity for any business. As your company expands its footprint, it acquires new resources, products, and infrastructure that will do a ton of good for …
The Compounding Burden of Process, Tax, and Regulatory Issues Any organization that transacts globally knows that intercompany billing can be fraught with problems. There are a variety of complexities – …
When you’re responsible for billing across multiple entities in your global multinational, you’re likely dealing with a complicated technology landscape connected by a variety of disparate ERPs. Creating a streamlined …
It might seem counterintuitive for a company that provides intercompany billing technology solutions to make that statement. Yet, there is much to be said for looking beyond the software itself …
A shared services model offers many advantages for multinational companies. But when it comes to managing vendor invoices across multiple entities and countries, this centralized approach can present challenges. Maintaining …
Any global multinational knows that BEAT penalties and excess consumption taxes can feel like insurmountable obstacles in intercompany accounting. Disparate ERPs make it difficult to gain visibility, increasing the challenge …
In the midst of the global coronavirus pandemic, challenging economic conditions have necessitated many changes to keep economies afloat. Around the world, governments are facing the dual pressures of having …
