Even medium-sized companies almost always operate worldwide today. Apart from multiple sites and legal units at home, their consolidated management also has to include companies in other countries. As a rule, this involves very heterogeneous structures, with different ERP and financial accounting systems, different data quality, and monthly, quarterly or annual financial statements that are only comparable to a certain extent.
How can you be sure to get accurate financial reporting information about individual companies and the group during the year? We combine our expert knowledge with practical implementation to set up stable, manageable processes to prepare periodic financial statements within your corporate group.
Transfer pricing: Significant tightening for financial transactions and services
On 22 March 2024, the German Federal Council approved the Mediation Committee's compromise proposal on the Growth Opportunities Act. As a replacement for the originally in dplanned interest rate cap, which was removed from the draft bill, new regulations for cross-border financial transactions and services will therefore be introduced from the 2024 tax period (Section 1 (3d) and (3e) Foreign Transactions Tax Act (AStG)). ...read more