- Intra-group service fee disallowed - no back-up documentation for need benefit test
- Multiple years of litigation
- Documents (e.g., emails evidencing underlying services) to be collated from multiple employees.
Challenges of tax/finance function
How was our technology enabled service implemented?
- KPMG Transfer Pricing Document Maintenance Tool, a web-based application automating collation of emails (back-up documentation for intra-group services) was deployed in company’s IT environment
- Using our technology solution:
- Data was collated for six years from MBOX, PST and Lotus Notes files
- Large data set was reviewed in limited time frame
- Readily available dashboards facilitated documentation submission.
Outcomes
- Automated collation of back up documentation (six years) - saved tax function’s time
- Company was able to submit back up documentation to tax authorities - resulted in deletion of transfer pricing adjustment and mitigated penalty implications.
