When a group of two or more businesses is required to report financial results on a consolidated basis, generally accepted accounting principles, or GAAP, require the elimination of intercompany sales ...

Imagine a world where the general public not only cares about the tax function, but they have an idea of what tax professionals do. In this theoretical world, certain areas of tax, such as transfer ...

Increasingly complex multinational value chains, partly the result of industry consolidation or globalization, and more scrutiny from auditors and regulators are causing more and more companies to run ...

Companies that botch the accounting for transactions between different legal entities within their organizations can make their financial reporting slipshod. Deloitte polled more than 3,800 ...

Did the Filinvest case really put to rest the issues relating to DST on intercompany advances or did it just create other concerns? For one, we now have to consider whether the doctrine in the ...

Large, multinational firms have subsidiaries and franchises all over the world. When working out a global corporate strategy, these branches of the same firm are regularly doing business among ...

Mergers and acquisitions are prompting companies to take risky accounting maneuvers, warns a new report from Deloitte. The report, “ Cleaning up the mess under the bed – Why intercompany accounting is ...

Fitch Ratings believes pure captive insurers potentially increase their liquidity risk when they make intercompany loans to their parent company sponsors, according to a report. This liquidity risk ...

The Code is chock-full of provisions that will challenge the intellectual capacity, not to mention the patience, of most tax professionals. The complexity of these rules does not arise out of some ...

CHICAGO, March 02, 2021 (GLOBE NEWSWIRE) -- GTreasury, a treasury and risk management platform provider, today announced the acquisition of Coprocess, the leading provider of intercompany netting ...

Paolo Ludovici and Marlinda Gianfrate analyse the recent amendments to the Italian tax regime governing intercompany ...