CrossBorder Compliance
Meet today's demands
The global tax environment has become dramatically complex, and countries have implemented hyper-localized regulations. On top of this, COVID has changed everything making new documentation and analysis more critical than ever, and the Big Four firms cannot cost-effectively provide localized transfer pricing studies. The question is – how does a multinational corporation navigate this new normal?
THE SMART APPROACH TO TRANSFER PRICING
One centralized solution for localized compliance
CrossBorder Compliance is a complete solution delivered by a centralized and unified global team of specialized transfer pricing experts whose mission is to ensure your compliance. Our solution leverages tax economists and Fiona, our advanced AI. Our team knows transfer pricing, and Fiona knows all the regulations and has all the comparables to perform the arm’s-length analysis to ensure that every transfer pricing study produced is fully localized and compliant.
Compliance
Creating your perfect base case
Our team works to ensure compliance in every jurisdiction where you have operations. You provide the necessary information, and our team creates a base case. Our team also works with you on planning scenarios for future years. Through this ideal combination of tax experts and technology, we deliver better compliance with reduced risk at a lower cost.
Solution features
Where deep expertise intersects with technology
Localized documentation
Using generic documentation is the quickest way to invite an audit. Every country now has its own documentation requirements that change every year.
Our transfer pricing experts, along with Fiona, know all the regulations for each jurisdiction and can review your current documentation to ensure that it is compliant with the local regulations. Any missing information is highlighted by our AI so that our experts can then add it to the study.
Find out more Localized reports
Countries are now mandating special report formatting, and not following these rules is a quick pass to an audit. Our transfer pricing team knows the reporting requirements of each country intimately and ensures that your studies are compliant. Our AI can even translate the studies into a local language where necessary.
Automatic update
Transfer pricing studies need to be updated every year. To best protect against audits and adjustments, each study should contain a new comparable search, economic analysis, and reflect any regulation changes in each country where you have operations. Each year our team, along with Fiona, updates your studies automatically – 60 days before they are due. Worrying about next year is now a thing in the past.
Localized comparable search
Comparable benchmark searches must be compliant with local regulations, or the resulting analyses will be discarded by the revenue authorities. Our transfer pricing experts utilize the AI to read the descriptions and process the financial information for millions of companies and automatically pick the best ones that support your business goals. Of course, Fiona takes into account jurisdiction-specific rules when performing the comparable search.
Compliance Central
Effectively manage your worldwide compliance activities with Compliance Central, an online repository of your company’s transfer pricing documentation. Everything that is generated by our experts is stored securely in one place, so you have access to it in real time.
Localized economic analysis
Each country has its own requirements on how to perform the economic analysis. If the analysis does not comport to these rules, the entire study can be disregarded. Our economists perform a localized economic analysis and compute the arm’s-length range using the local rules of each jurisdiction where you have operations. If the regulations provide flexibility to the approach, with the help of Fiona, our experts perform the analyses multiple ways so you can pick the one that best supports your business goals.
White glove solution
Complete Service. Total Compliance.
CrossBorder Compliance is a complete white glove solution delivered by transfer pricing experts and powered by AI technology. It is the intelligent approach to transfer pricing. CrossBorder Solutions exemplifies the intersection of human and machine intelligence. We have assembled a team of professionals whose only job is to ensure a successful experience with our solution.
Book a demo today
Eliminate the uncertainty of transfer pricing with a fully localized study from CrossBorder Compliance. Book a no-fear demo with us today and discover the difference CrossBorder Solutions can make.
