In this series of articles we share some practical insights on starting your Legal Tech journey. As a Head of Legal in a multinational company, you will most likely have spent some time thinking about how your organization can start and implement efficient processes and digital solutions within your legal department. The need to be […]
In this series of articles we share some practical insights on starting your Legal Tech journey. As a Head of Legal in a multinational company, you will most likely have spent some time thinking about how your organisation can start and implement efficient processes and digital solutions within your legal department. The importance of this […]
In this series of articles, we share some practical insights on starting your Legal Tech journey. As a head of legal in a multinational company you most likely have spent some time thinking about how your organisation can start and implement efficient processes and digital solutions within your legal department. The need of being on top […]
In this article we will share experiences from implementing a process for Mandatory disclosure-reporting. In January 2021, the reporting of arrangements under the Mandatory Disclosure Regulations (MDR) comes into force in most EU countries (countries such as Poland, Germany, Austria and Finland have already started the reporting). Is your company in the process of deciding […]
The Global Reporting Initiative (GRI) has released a new tax standard for transparency reporting (GRI207) which may have an impact on work carried out by the tax department. In this article we describe some practical implications for the tax department. To comply with the GRI207 standard you need to compile and make publicly available descriptions […]
DAC 6 filing will likely be postponed until October 2020. This may give you some more time to fine tune your process to manage DAC 6 and make sure your group is compliant and to avoid heavy fines. The number of arrangements that will be filed may vary a lot from group to group but […]
When you implement a process to identify and collect information on your arrangements and potential arrangements for review and potential filing, you face a number of challenges. One is that you may need to collect information on arrangements from different departments and from local reporters. This within a tight 30-day rolling deadline. Many multinationals and […]
When you have established that you as a multinational or an intermediary have reportable arrangements under the mandatory disclosure regime (DAC 6), you need to put a process in place to identify and collect arrangements and consider what system solution you need in order to manage the reporting. This article will give you some insights […]
Some practical insights on how to manage contracts in a large multinational group. Contracts are always very important to keep track of and they tend to become numerous over time. In addition, contracts are often complex and information seldom standardized. This makes it hard to monitor them in an efficient way. Our experience is that […]
Some practical insights on how to access and manage important data for Tax functions, and the need for a web-based solution for effective Tax Management. There are an increasing number of Tax-related obligations which require groups to file and disclose more data than ever before. Internationally the focus is on Corporate Tax Transparency, with the […]
Updated 2020-08-28 Many qualifying groups have now filed a number of CbC reports and the reported data has been made available for exchange between tax authorities. Now changes are starting to be introduced which you need to act on. You have likely gained a lot of experience from the first filings and might be wondering […]
Updated November 11, 2019. The OECD has provided definitions for the figures that should be included in the country by country reporting. A number of questions have arisen in relation to the definitions and thus the OECD has clarified some of these in a guidance, the latest update released in November 2019. Please note that […]
