WTS CbCRmanager

Since 1 January 2016, Base Erosion and Profit Shifting (BEPS) Action Plan requires additional reporting obligations for transfer pricing documentation of Multinational Enterprises (MNEs). In addition to the documentation components of Master- and Local File, the Country-by-Country Reporting (CbCR) is a further component (BEPS Action 13).

Our WTS CbCRmanager, a web-based IT solution, provides documentation of the necessary data for Table 1, 2 and 3 of the CbCR and met all technical requirements of the OECD standardized XML-schema which is required for submission to the competent authority. In addition, WTS CbCRmanager generates key performance indicators (KPIs) based on needed data.

The IT tool includes

Our WTS CbCRmanager is focused on proactively identifying false conclusions and misinterpretations within the KPIs and taking into account their effect on the Local-File documentation. In future MNEs creates the opportunity to identify any tax risks at an early stage and increases the internal understanding and analytical handling on tax data.

Features at a glance

Target group
Multinational Enterprises with worldwide turnover of €750 million or more

Possible use
The CbCRmanager can be used as a standalone tool or as an extension of the WTS TPmanager.

 

Should you have questions about WTS CbCRmanager we are happy to assist:

WTS Steuerberatungsgesellschaft mbH

Stephanie Henseler

Senior Manager
Tel.: +49 221 348936-264
stephanie.henseler@wts.de

WTS Steuerberatungsgesellschaft mbH

Maik Heggmair

Partner
Tel.: +49 89 286 46-212
maik.heggmair@wts.de

Video

WTS CbCRmanager:

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