Cross-Border Tax
Support for clients reporting across jurisdictions, prepared by partners who have handled reporting for subsidiaries of foreign multinationals.
Frameworks we work in
Overview
A subsidiary reporting under IFRS to its parent and US GAAP to the IRS is where reconciliation errors live. Our partners built a practice on exactly this work, preparing statements across IFRS, Ind-AS and Indian GAAP and closing audits with Big Four firms on both sides.
A subsidiary reporting under IFRS to its parent and US GAAP to the IRS is where reconciliation errors live. Two frameworks, two calendars and one set of numbers that has to agree is a specific discipline, and it is one our partners built a practice on before this firm existed.
We prepare dual-framework reporting with the reconciliation documented, support foreign subsidiary compliance in both directions, and handle the transfer pricing documentation, treaty positions and consolidation schedules that sit around it. The workings are written so your reviewer can follow the basis rather than take it on trust.
Scope
Statements under US GAAP and IFRS, with the reconciliation between them documented.
Reporting for US subsidiaries of foreign parents, and the reverse.
Support for intercompany pricing policies and the files behind them.
Documentation of treaty claims and withholding obligations.
Analysis supporting structuring decisions, prepared for your review.
Consolidation schedules and elimination entries across entities.
What changes
Statements prepared under both bases with the bridge between them documented, not asserted.
Withholding and treaty claims backed by the documentation a reviewer or authority will ask for.
Elimination entries and consolidation schedules prepared so the group numbers agree first time.
How we work
One qualified person assigned to your firm, working in your software and following your checklists.
A second qualified review against your own review points, before the file comes back to you.
A partner signs off every deliverable, so you always know who is responsible for the work.
Questions
US GAAP and IFRS in-house, plus Ind-AS and Indian GAAP where a client has an Indian entity in the group.
We prepare the supporting documentation and analysis. The policy decision and any local filing requirement stay with your firm and the client’s advisers.
Yes, including elimination entries, intercompany reconciliation and the consolidation schedules underneath the group statements.
The same chain as everything else: a CPA manager reviews, then a partner approves. Cross-border files are reviewed by a partner with direct experience of the framework involved.
Industries
The same service reads differently depending on whose books it is. These are the sectors we work across.
Next step
Thirty minutes, free, with one of our partners. Bring your volumes and we will tell you plainly whether we are the right fit.
No obligation. A partner replies, not a sales team.
