Corptax BEPS CbC

The ability to review data at the transactional level helps you easily consolidate for downstream reporting and eliminate repopulating and reconfiguring external data.

• Import, export, and access consistent domestic/foreign data at the touch of a button
• Automatically populate the CbC report with entity information, including business characteristics
• Automatically aggregate Table/Part 1 amounts with data residing in the system, including revenue, profits, capital, and tangible assets
• Organize and view tax data by entity, jurisdiction, and reporting region to facilitate analytics and planning

Corptax BEPS CbC allows you to generate analytics for current year, year-over-year, and multi-year comparisons with real-time connections to Corptax reports. Use information stored at entity and jurisdictional levels to model hypothetical results of transfer pricing policies and understand risk.

Use the standard BEPS CbC Reporting Data Analytics template to review your CbC report by entity and see current year summary visualizations, including revenue by employee, PTBI over Taxes Paid/Accrued, and more. Users can also build custom reports and analytics to meet specific reporting needs.

The requirement for public CbC reporting takes effect soon. Will you be ready? Talk it through with a Corptax Professional Services tax technology expert.

New! Use Corptax Global Minimum Tax (GMT) to manage the OECD’s Pillar Two 15% GMT. Understand how your organization could be affected and share data and results with internal/external stakeholders. Learn more.

For additional insights, check out these related resources:

• Client Success: News Corporation’s “Power to the User – a Single File, a Single Process”
• Blog post: BEPS CbC: Maximizing Value from Your Data and Reporting
• Webinar: BEPS CbC—Simplify and Streamline in a Single System
• For details on BEPS requirements or to speak with a BEPS tax expert, click here.