30 December, 2022 |

Pillar 2 safe harbour

– The first step to implement a Pillar 2 solution in your group The OECD released the transitional Safe harbour rules in December and has its starting point in the CbC reporting to calculate if a jurisdiction qualifies. However, the rules are complex, and thus, you need to put a process in place to understand […]

28 December, 2022 | Legal management

How do you know if you need a (new) legal entity management solution?

In this article, we will look at why people decide to license a legal entity management solution. There are different reasons why you start using a legal entity management solution. Some reasons are similar for most groups, whereas others are very specific for some groups. There are also different reasons to utilize a legal entity […]

streetview of castle and horse statue
13 December, 2022 | Tax management

Pillar 2 Timeline

Setting your group’s timeline for getting Pillar 2 ready is essential. Below we have gathered some thoughts regarding this based on our Pillar 2 discussions with multinational companies. One of the most common questions is, “When do we as a group need to be Pillar 2 ready?”. One obvious answer is that you must file […]

16 August, 2022 | Tax management

Why you want to avoid using the group accounting & tax accounting systems for Pillar 2 reporting

This article will look at challenges you face when implementing a solution for Pillar 2 reporting with a specific focus on data collection. The Pillar 2 rules are complex and require you to implement a solution that supports several steps to determine if you need to pay any top-up tax. In general, there are two […]

22 March, 2021 | Legal management

Reporting and compliance – Legal Tech journey part 3

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 […]

22 March, 2021 | Legal management

Getting started – Legal Tech journey part 2

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 […]

22 March, 2021 | Legal management

The overall need – Legal Tech journey part 1

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 […]

Lessons learned from implementing a process for MDR reporting
4 December, 2020 | Tax management

Lessons learned from implementing a process for MDR reporting

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 new tax standard GRI207 – what it means in practice for the tax department
5 November, 2020 | Tax management

The new tax standard GRI207 – what it means in practice for the tax department

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 […]

Legal entity management
28 May, 2020 | Tax management

DAC 6 – valuable insights to consider when you set up your process

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 […]

4 May, 2020 | Tax management

DAC 6 – the benefits of avoiding questionnaires

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 […]

legal entity management
17 September, 2019 | Tax management

A guide for implementing an MDR (DAC6) solution

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 […]