Documentation

With the increasing expansion of recording and documentation obligations and the resulting transparency efforts, a new, in part internationally coordinated documentation approach has been introduced. Depending on the size of the company or group, the tax authorities follow a three-pronged approach consisting of master file, local file and country-by-country reporting. These are subject to different local submission and reporting obligations from country to country.

We support you in fulfilling the statutory information, documentation and recording obligations in Germany and abroad. Our services include the following:

• the review and preparation of the master file,
• the audit and preparation of the transfer pricing documentation (usually corresponds to the local file) for individual companies or permanent establishments,
• preparation of transfer pricing documentation for groups of companies (including project management and involvement of foreign KPMG experts to ensure compliance with local regulations),
• the review and preparation of country-by-country reporting (including public country-by-country reporting and qualified country-by-country reporting for use under the safe harbor regulations for global minimum taxation) and its transmission to the Federal Central Tax Office, and
• the review and design of documentation processes, including the selection, configuration and implementation of IT solutions.